GREENMAIL


Meaning of GREENMAIL in English

ˈ ̷ ̷ ˌ ̷ ̷ noun

Etymology: green (I) (the color of United States paper money) + -mail (as in blackmail )

: 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

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.