greenmail
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English[edit]
Etymology[edit]
Blend of greenback + blackmail
Pronunciation[edit]
Audio (US) (file)
Noun[edit]
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.
- 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[edit]
Verb[edit]
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.
Derived terms[edit]
Related terms[edit]
- see blackmail