Word: Greenmail
Dictionary definition

(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.

noun • 924 views

Definition Complexity: 80195

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gravatar for wendy19932004
wendy19932004320k wrote:
(corporation) To buy a large enough stock of a company to force a rise in prices, and make them to buy the stock back in order to stay in business

Definition Complexity: 27349
Improvement over original definition: 52846

ADD COMMENTlink written 6.4 years ago by wendy19932004320k
0
gravatar for diamantius
diamantius362k wrote:
To buy a number of shares that allow for a takeover threat, so that you can sell them back with a big profit.

Definition Complexity: 26327
Improvement over original definition: 53868

ADD COMMENTlink written 6.4 years ago by diamantius362k
0
gravatar for Noah.Brown9
Noah.Brown928k wrote:
to buy enough shares in a company to threaten a takeover it

Definition Complexity: 14542
Improvement over original definition: 65653

ADD COMMENTlink written 5.8 years ago by Noah.Brown928k

Your turn... Simplify that word!

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