APPRAISAL RIGHTS

a statutory remedy that allows minority stockholders to object to a corporation’s extraordinary actions (eg, a merger). This remedy requires the corporation to repurchase the stock [of dissenting stockholders] at a price equal to the stock’s value [immediately prior to the extraordinary corporate action].

Congratulations! You're now Froogled Up™ on what "Appraisal Rights" means!

Feel free to use it throughout your financial/insurance life.

Sincerely,

www.FroogleMe.com