greenmail
(noun) (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
Source: WordNet® 3.1
greenmail (countable and uncountable, plural greenmails)
Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
greenmail (third-person singular simple present greenmails, present participle greenmailing, simple past and past participle greenmailed)
To profit from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
• Megrelian, marine leg
Source: Wiktionary
10 May 2025
(verb) declare (a dead person) to be blessed; the first step of achieving sainthood; “On Sunday, the martyr will be beatified by the Vatican”
The Boston Tea Party helped popularize coffee in America. The hefty tea tax imposed on the colonies in 1773 resulted in America switching from tea to coffee. In the lead up to the Revolutionary War, it became patriotic to sip java instead of tea. The Civil War made the drink more pervasive. Coffee helped energize tired troops, and drinking it became an expression of freedom.
