greenmail
The profiting from an attempted hostile takeover by forcing the target company to buy…The profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
Meaning
1 senses(countable, uncountable)The profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
(corporation) the practice of purchasing enough shares in a firm to threaten a takeover and thereby forcing the owners to buy those shares back at a premium in order to stay in business
Origin
Blend of greenback + blackmail.Blend of greenback + blackmail.
Wiktionary, CC BY-SA 4.0 · source
Forms
plural: greenmails| Singular | greenmail |
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| Plural | greenmails |
regular
Word family
1 related wordsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.