C2 noun /priˈɛmpʃən/
preemption
Vorkaufsrecht
Meaning
The act of taking action before someone else; the right to purchase or act before others.
Example
The company exercised preemption to acquire the land before competitors.
Das Unternehmen übte das Vorkaufsrecht aus, um das Land vor den Wettbewerbern zu erwerben.