Spanish translation: Derecho a primera opcion de rechazo
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10:00 Jan 14, 2001
English to Spanish translations [PRO] Bus/Financial
It basically means that the person who holds this right will be considered first. He/she may refuse or accept whatever it is they're talking about, but above all, that person will be at the top of the list.
Explanation: It refers to the right to be the first person to be offered whatever is being sold. Your choice depends on what you are dealing with. (Shares, real estate, etc.)
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