greenmail
noun[U]
STOCK MARKETuk/ˈɡriːnmeɪl/ustheactofbuyingenoughsharesin acompanyto beabletocontrolit, inordertoforcetheownersof thecompanytobuyback thesesharesat a very highprice:
The stockmarkets are notyetfreeof greenmail.
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blackmailnoun
greenmail
verb[T]
STOCK MARKETuk/ˈɡriːnmeɪl/ustobuyenoughsharesin acompanyto beabletocontrolit, inordertosellthem again at a very highprice:
Did hewantto greenmail thecompanyintobuyinghim out at afatprofit?
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blackmailverb