GNU Collaborative International Dictionary of English
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Found one definition
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Preëmpt (prḗ‑ĕmtˈ; 215), v. t. & i. [imp. & p. p. Preëmpted; p. pr. & vb. n. Preëmpting.] [See Preëmption.]
1. To settle upon (public land) with a right of preemption, as under the laws of the United States; to take by preemption. [Also spelled pre-empt.]
[1913 Webster + WordNet 1.5]
2. To acquire or take for oneself first (an object or right), thereby preventing others from acquiring; to appropriate; to arrogate.
[PJC]
3. To supplant or take the place of (an action), due to changes in circumstances or priorities; as, “the regular meeting was preempted by an emergency conference”.
[PJC]
4. To prevent or delay (an event) by acting beforehand; to head off; to preclude.
[PJC]