| NOUN | act | greenmail | (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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| Sounds | griy'nmey.l | |
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| Rhymes | ail ... Yale: 95 rhymes with eyl... | |
| Meaning | (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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| Category | corporation, corp | A business firm whose articles of incorporation have been approved in some state |
| Broader | shark repellent, porcupine provision | A measure undertaken by a corporation to discourage unwanted takeover attempts |
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