A right or entitlement that can be exercised to acquire something before anyone else.

A legal provision allowing one party to have priority in certain transactions.

कानूनी प्रावधान

English Usage: The preemptive rights in the contract ensure that the current stakeholders can retain control of the company.

Hindi Usage: अनुबंध में पहले अधिकार सुनिश्चित करते हैं कि वर्तमान स्टेकहोल्डर कंपनी पर नियंत्रण बनाए रख सकें।