Definitions

1. noun

the act or state of taking control or possession before others can, especially by law or government

“The company’s preemption of the market led to a significant increase in profits.”

2. noun

the right or privilege of taking something, especially land, before others can

“The government granted the company a preemption on the new mining site.”

3. noun

an act of pre-empting or taking precedence over something

“The new law was a preemption of the existing regulations.”

4. verb

to take control or possession of something before others can

“The company preempts the market with its new product.”

5. verb

to take precedence over something

“The new law preempts the existing regulations.”