pre emption etymology

Etymology:

• Old French: preemption
• Latin: praeemptio, from
  • prae- ("before") +
  • emptio ("purchase")

Meaning:

The purchasing of something before others have the opportunity to do so; the right to buy something before it is offered to the general public.

Origin:

The term "preemption" originated in Roman law, where it referred to the right of the government to acquire property for public use before it could be sold to private individuals. This right was often exercised in times of war or natural disaster.

In the English common law, the concept of preemption was adopted and applied to a variety of situations, including:

• The right of the Crown to purchase land needed for public purposes
• The right of a landlord to purchase the reversionary interest in leased property
• The right of a tenant to purchase the freehold interest in leased property

Today, the term "preemption" is used in a variety of contexts, including:

• In real estate, it refers to the right of a government or other entity to purchase land or property before it is offered to the general public.
• In economics, it refers to the government's right to purchase goods or services before they are made available to the private sector.
• In corporate law, it refers to the right of a corporation to purchase its own shares before they are offered to the general public.

pre emption relate terms

• emption

  Etymology and Meaning The word exemption has its roots in Latin Ex Prefix meaning

• pre empt

  Etymology Pre empt verb from Latin praeemere meaning to take beforehand Mean

• pre emption

  Etymology Old French preemption Latin praeemptio from prae before emptio

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• Apollo

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• ceramic

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• tomb

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• right

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• appropriation

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• mean

  Etymology Old English mǣne Proto Germanic mainiz Proto Indo European mei to think