Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
greenmail.
1. The act of buying enough stock in a company to threaten a hostile takeover and then selling the stock back to the corporation at an inflated price. 2. The money paid for stock in the corporation's buyback. Cf. BLACKMAIL; FEEMAIL; GRAYMAIL. 3. A shareholder's act of filing or threatening to file a derivative action and then seeking a disproportionate settlement.