greenmail
/ɡɹˈinmˌeɪl/
Word Rarity
Very rare
Frequency: 1.31 in modern English
12
Scrabble Score
9
Letters
2
Syllables
8
Unique Chars
Meaning
noun
The profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
Countable; Uncountable
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.
Transitive verb