| 单词 | pre-emption rights |
| 释义 | pre-emption rights pre-emption rights The principle, established in UK company law, that existing shareholders should be offered a proportion of certain classes of newly issued securities before they are offered to anyone else and upon terms that are at least as favourable. To satisfy this principle a company must write to every shareholder (seerights issue), which may be an expensive and lengthy procedure. Newer methods of issuing shares, such as vendor placings or bought deals, are much cheaper and easier to effect, although they violate pre-emption rights. An issue of shares with no pre-emption rights can only be made if the shareholders have agreed to this in a special resolution. In the USA pre-emption rights have now been largely abandoned but controversy over the principle is still widespread in the UK. |
| 随便看 |
|
英汉经管词典收录了6519条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。