APPRAISAL REMEDY
appraisal remedy.The statutory right of corporate shareholders who oppose some
extraordinary corporate action (such as a merger) to have their shares judicially appraised and to
demand that the corporation buy back their shares at the appraised value. — Also termed appraisal
right; dissenters’ right; right of dissent and appraisal. [Cases: Corporations 182.4(5), 584. C.J.S.
Corporations §§ 348, 799–801.] [Blacks Law 8th]