subscription rights

The contractual right of a shareholder in a corporation to buy additional shares of stock of the same kind that she currently holds if and when such are issued by the corporation, before that stock is offered to the general public. See also preemptive right. subsidiary See corporation. sub silentio Latin. Under silence. Without notice being taken. If a case is decided against precedent, the newer case is said to have over-ruled the previous decision sub silentio

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