exclusivity

exclusivity
exclusivity ex‧clu‧siv‧i‧ty [ˌekskluːˈsɪvti] noun [uncountable]
1. the fact that a place or product is so expensive that not many people can afford to buy it:

• Porsche highlighted its exclusivity by aiming at the high end of the luxury-car segment.

2. the fact of having an exclusive agreement, contract, or right:

• The manufacturer will have seven-year marketing exclusivity for the drug.

3. when a business that is in the process of being bought agrees not to speak to any other person or company that may be interested in buying it

* * *

exclusivity UK US /ˌekskluːˈsɪvɪti/ US  /-əṱi/ noun [U]
► the state of being the only person, group of people, or organization that is allowed to have or do something: grant/lose/retain exclusivity (on sth) »

The company which developed the hardware was granted one-year exclusivity on the retails sales.

 »

Astra's global market exclusivity on the drug ended last year.

 »

an exclusivity agreement/clause/deal

► (also exclusiveness /ɪkˈskluːsɪvnəs/) the state of being expensive and of a high quality, and therefore only for people who are rich or of a high social class: »

If a product lowers its quality it will not retain its exclusivity as a luxury brand.

► an agreement not to speak to other possible buyers while your business is being bought by a particular person or company: »

The two companies have an agreed period of exclusivity which prevents either seeking alternative buyers before the end of January 2011.


Financial and business terms. 2012.

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Look at other dictionaries:

  • exclusivity — USA In the context of bankruptcy, Also known as period of exclusivity and in the context of mergers and acquisitions, Also known as an exclusivity agreement and exclusivity period. + exclusivity agreement USA …   Law dictionary

  • exclusivity — a debtor in Chapter 11 has the exclusive right to file a plan of reorganization for the first 120 days of its bankruptcy. Thereafter, unless the period of exclusivity is extended by the court, other parties may file reorganization plans. (Common… …   Glossary of Bankruptcy

  • Exclusivity — is the title of a number one R B single by Damian Dame. The hit song spent two weeks at number one on the US R B chart …   Wikipedia

  • exclusivity — [eks΄klo͞o siv′i tē] n. 1. the condition or practice of being exclusive; esp., clannishness or isolationism 2. exclusive rights to something; monopoly: Also exclusivism exclusivist n., adj. exclusivistic adj. * * * See e …   Universalium

  • exclusivity — 1926, from EXCLUSIVE (Cf. exclusive) + ITY (Cf. ity) …   Etymology dictionary

  • exclusivity — [eks΄klo͞o siv′i tē] n. 1. the condition or practice of being exclusive; esp., clannishness or isolationism 2. exclusive rights to something; monopoly: Also exclusivism exclusivist n., adj. exclusivistic adj …   English World dictionary

  • exclusivity — exclusive ► ADJECTIVE 1) excluding or not admitting other things. 2) restricted to the person, group, or area concerned. 3) high class and expensive; select. 4) not published or broadcast elsewhere. ► NOUN ▪ an exclusive story or broadcast.… …   English terms dictionary

  • exclusivity agreement — Also known as lock out agreement, shut out agreement or no shop agreement. Agreements which are used to try to ensure that the other party to a prospective deal negotiates solely with the client for a period of time. They aim to give the client… …   Law dictionary

  • exclusivity period — a debtor in Chapter 11 has the exclusive right to file a plan of reorganization for the first 120 days of its bankruptcy. Thereafter, unless the period of exclusivity is extended by the court, other parties may file reorganization plans. (see… …   Glossary of Bankruptcy

  • exclusivity — noun (plural ties) Date: 1926 1. the quality or state of being exclusive 2. exclusive rights or services …   New Collegiate Dictionary

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