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{%type%} Definitions

WordNet 3.0Copyright Princeton University


Short "hint"

n. - (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.

Usage examples (34)
  • Some call it "greenmail" - blackmail cloaked in green.
  • A Carbon Ultimatum? editorial in today's WSJ suggests that an Obama Administration will "greenmail"
  • One of the sources likened it to "greenmail," the Wall Street term that refers to payments made to hostile investors to go away.
  • He compared the settlement to the "greenmail" that companies paid billionaire Icahn in the 1980s so he would sell shares and walk away from his takeover attempts. for more
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