GREENMAIL
(noun, verb)Definitions
There are 2 meanings of the word
Greenmail.
Greenmail - as a noun
(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
Greenmail - as a verb
To profit from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
Example Sentences
"The company was forced to pay a significant amount of greenmail to avoid a hostile takeover."
"Many shareholders were unhappy with the greenmail tactics used by the company's management."
"Investors often criticize the practice of greenmail as it may not be in the best interest of shareholders."
"The threat of greenmail can put pressure on a company's board of directors to make certain decisions."
"Some jurisdictions have laws in place to regulate or discourage the use of greenmail."
Word Game Points
Is GREENMAIL a valid Scrabble word?
Yes, greenmail is valid for both Scrabble US and EU
GREENMAIL has a SCRABBLE points total of 12.
Is GREENMAIL a valid Words With Friends word?
Yes, greenmail is valid for Words With Friends
Valid WordGREENMAIL has a WORDS WITH FRIENDS points total of 16.
Is GREENMAIL a valid WordFeud word?
Yes, greenmail is valid for WordFeud
Valid WordGREENMAIL has a WORDFEUD points total of 13.