Mergers & Acquisitions

Resources: Glossary

Don’t be confused or intimidated by any terms or abbreviations in the M&A world. You’ll find answers here.

Right of First Refusal


A contractual stipulation in which a party has the right to match an offer from a third party.

See Also

Right of first offer.


A right of first refusal can seriously hamper an owner’s ability to sell their business. Few buyers will be interested in making an offer on a business if a third party holds a right of first refusal.