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Preemption   Listen
noun
Preemption  n.  The act or right of preemption. Specifically:
(a)
The act or right of purchasing before others.
(b)
The privilege or prerogative formerly enjoyed by the king of buying provisions for his household in preference to others. (Eng.)
(c)
The right of an actual settler upon public lands (particularly those of the United States) to purchase a certain portion at a fixed price in preference to all other applicants.





Collaborative International Dictionary of English 0.48


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"Preemption" Quotes from Famous Books



... consideration for us that if we went to Oregon the government would give us three hundred and twenty acres of land, whereas in Iowa we should have to purchase it. The price would be low, to be sure, but the land must be bought and paid for on the spot. There were no preemption laws or beneficial homestead laws in force then, nor did they ...
— Ox-Team Days on the Oregon Trail • Ezra Meeker


Words linked to "Preemption" :   judicial doctrine, preempt, jurisprudence, preemptive right, legal right, legal principle, subscription right, pre-emption


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