What does appraisal right mean?

appraisal right meaning in Law Dictionary

When a merger takes place the client must purchase the stock at fair market price. This value is determined by a third separate celebration. The real worth is retained.

appraisal right meaning in Business Dictionary

In an acquisition or merger, the proper of a dissenting stock owner to need the purchase of their stocks at their particular reasonable marketplace price as decided by a completely independent party. This provision prevents the firm's purchase at lower than its true worth.