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词汇 greenmail
释义
greenmail
Theme: FINANCIAL
n. a money-making scheme wherein a very wealthy person buys a large number of shares of a company, threatens to take control of the company, and then offers to sell the stock to the company at an exorbitant price in lieu of a takeover. (Securities markets.)
Mr. Smith made about $20 million in greenmail last year.One state is trying to outlaw greenmail to protect its industrial base.
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