greenmail
English
editEtymology
editBlend of greenback + blackmail
Pronunciation
editNoun
editgreenmail (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.
- 2013 July 30, Unfinished Business (Suits), season 3, episode 3, spoken by Louis Litt (Rick Hoffman):
- He's gonna leverage his position, and he's gonna get as much greenmail as he can.
Derived terms
editVerb
editgreenmail (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.
Derived terms
editRelated terms
edit- see blackmail