Translation of preemptive (English-English)

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preemptive: priority rights. Used in the Bank to refer to the rights of member countries that face a loss of relative voting power as a result of capital increases to maintain their relative voting power by purchasing additional shares
Category: Financial affairs - taxation - customs

preemptive: Right of each shareholder to acquire a portion of the newly issued shares corresponding to his prior partecipation.
Category: Financial affairs - taxation - customs

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