Meaning of greenmail | Babel Free
Definitions
The profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
countable, uncountable
Examples
“Greenmails typically result in reduced shareholder value.”
“He's gonna leverage his position, and he's gonna get as much greenmail as he can.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.