👉 In finance, a "renunciable" refers to an investment or asset that can be canceled at any time by the buyer or seller. This means that if one party wants to sell the asset, they can cancel it at any time and receive their money back. However, if another party wants to buy the asset, they must pay for it as soon as possible. Renunciable assets are often used in situations where the parties involved have different financial interests or goals, such as in a merger
