- (esp in the US) the practice of a company buying sufficient shares in another company to threaten takeover and making a quick profit as a result of the threatened company buying back its shares at a higher price
WordReference Random House Unabridged Dictionary of American English © 2020
green•mail (grēn′māl′),USA pronunciation n. [Stock Exchange.]
- Stock Exchange, Businessthe practice of buying a large block of a company's stock in order to force a rise in stock prices or an offer by the company to repurchase that block of stock at an inflated price to thwart a possible takeover bid.
- green (in sense "money'') + (black)mail
Collins Concise English Dictionary © HarperCollins Publishers::
greenmail /ˈɡriːnˌmeɪl/ n