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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.

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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.
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We give special thanks to our LearnThat volunteers, as well as Princeton University and Wiktionary for their Open Source word data. We're also grateful for the support given by Google, Wordnik.com, Dictionary.com, Stands4.com and YouTube, OEDILF.com, Kylescholz.com, Best-Practice.com, Forvo.com, as well as the generous Creative Commons community.