Definition of greenmail Greenmail

/gɹiˈnmejˌl/ - [greenmeyl] -

We found 3 definitions of greenmail from 3 different sources.

What does greenmail mean?

WordNet

Noun

Plural: greenmails

greenmail - (corporation) the practice of purchasing enough shares in a firm to threaten a takeover and thereby forcing the owners to buy those shares back at a premium in order to stay in business

porcupine provision, shark repellent a measure undertaken by a corporation to discourage unwanted takeover attempts

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Wiktionary

greenmail (Noun)
Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.