n.
Pronunciation: ' gr ē n- ˌ m ā l
Function: noun
Date: 1983
: the practice of buying enough of a company's stock to threaten a hostile takeover and reselling it to the company at a price above market value also : the money paid for such stock
– greenmail transitive verb
– green · mail · er \ - ˌ m ā -l ə r \ noun