Greenmail
Legal definition for Indian law research
Definition
greenmail
[green (money) + -mail (as in blackmail)]
: the practice of buying enough of a company's stock to threaten a hostile takeover and reselling it to the company at a price above market value
;also
: the money paid for such stock
greenmail vt
green·mail·er n
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.