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Related to renounceable: Renounceable Rights

TO RENOUNCE. To give up a right; for example, an executor may renounce the right of administering the estate of the testator; a widow the right to administer to her intestate husband's estate.
     2. There are some rights which a person cannot renounce; as, for example, to plead the act of limitation. Before a person can become a citizen of the United States he must renounce all titles of nobility. Vide Naturalization; To Repudiate.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
The raising includes a placement of 25 million shares at USD0.36 per share to raise AUD9m and one for five renounceable rights issue at USD0.36 per share to raise up to AUD21.5m.
Standard Chartered Bank Ghana, a unit of Standard Chartered Bank Plc (LSE: STAN) (STD.DE) (OTC: SCBFF) (HKG: 2888), has announced a GHC48m renounceable rights issue of 1,655,172 ordinary shares, valued at GHC29.00 per share.
RHB Capital said that it will fund the proposed acquisition via a renounceable rights issue of 361.1 million shares at MYR3.60 per share.
Perth, Australia, Oct 4, 2012 - (ABN Newswire) - Further to the dispatch of the Company's Prospectus for a Renounceable Rights Issue, the Board of Northern Mining Limited (ASX:NMI) is pleased to provide you with a brief Company update, including a current map of its East Kalgoorlie Project tenements in Western Australia.