優先承購權 yōu xiān chéng gòu quán

DEFINITIONS

  1. prior purchase right
  2. right of first refusal (ROFR)
  3. preemptive right to purchase

CHARACTERS

優 yōu superior, excellent; actor
先 xiān first, former, previous
承 chéng inherit, receive; succeed
購 gòu buy, purchase; hire
權 quán power, right, authority