greenmail
noun [ U ]
STOCK MARKET uk/ˈɡriːnmeɪl/ usthe act of buying enough shares in a company to be able to control it, in order to force the owners of the company to buy back these shares at a very high price:
The stockmarkets are not yet free of greenmail.
Compare
blackmail noun
greenmail
verb [ T ]
STOCK MARKET uk/ˈɡriːnmeɪl/ usto buy enough shares in a company to be able to control it, in order to sell them again at a very high price:
Did he want to greenmail the company into buying him out at a fat profit?
Compare
blackmail verb