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Definition of "greenmail" [green•mail]

  • An antitakeover maneuver in which the target firm purchases the raider's stock at a price above that available to other stockholders. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "greenmail" in a sentence
  • "Some call it "greenmail" - blackmail cloaked in green."
  • "Despite his denials, he has taken greenmail, which is hardly a service to the 47 million American stockholders with average incomes of $37,000 whom he claims to represent."
  • "The deal included the paying of "greenmail" to so called "funds" that benefit the "community" as well as the usual deals with the local unions politicians like Garcetti are beholden to."
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