greenmail

English dictionary entry

Meanings

noun
  1. The profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
verb
  1. To profit from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.

Pronunciation

LL-Q1860 (eng)-Wodencafe-greenmail.wav

Word forms

greenmail greenmails greenmailing greenmailed

Etymology

Blend of greenback + blackmail.

Related words

Derived words

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