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
7 June 2025
(noun) a unit of astronomical length based on the distance from Earth at which stellar parallax is 1 second of arc; equivalent to 3.262 light years
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