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greenmail

[ green-meyl ]

noun

, Stock Exchange.
  1. the practice of buying a large block of a company's stock in order to force a rise in stock prices or an offer by the company to repurchase that block of stock at an inflated price to thwart a possible takeover bid.


greenmail

/ ˈɡriːnˌmeɪl /

noun

  1. (esp in the US) the practice of a company buying sufficient shares in another company to threaten takeover and making a quick profit as a result of the threatened company buying back its shares at a higher price


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Other Words From

  • greenmailer noun

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Word History and Origins

Origin of greenmail1

green (in sense “money”) + (black)mail

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Word History and Origins

Origin of greenmail1

C20: a blend of green (sense 8) or greenback (sense 2) + blackmail

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axolotl

[ak-suh-lot-l ]

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green lunggreen manure