greenmail (GREEN-mayl) noun     The practice of buying a large quantity of a company's stock as a hostile    takeover measure, and then selling it to the company at a higher price.
[From green (money) + mail (as in blackmail).]
"Second, Northwest sees its economic stake in Continental rise rapidly    and is then allowed to sell most of its stock back to Continental in a    transaction that deserves to be called greenmail."
Floyd Norris, Little to Cheer About For Public Shareholders,    The New York Times, Nov 7, 2000.
This week's theme: words with color as metaphors.
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Whenever you commend, add your reasons for doing so; it is this which distinguishes the approbation of a man of sense from the flattery of sycophants and admiration of fools.
-Richard Steele, author and editor

A.Word.A.Day--greenmail

greenmail (GREEN-mayl) noun The practice of buying a large quantity of a company's stock as a hostile takeover measure, and then selling it to the company at a higher price.
[From green (money) + mail (as in blackmail).]
"Second, Northwest sees its economic stake in Continental rise rapidly and is then allowed to sell most of its stock back to Continental in a transaction that deserves to be called greenmail."
Floyd Norris, Little to Cheer About For Public Shareholders, The New York Times, Nov <NUMBER>, <NUMBER>.
This week's theme: words with color as metaphors.
............................................................................
Whenever you commend, add your reasons for doing so; it is this which distinguishes the approbation of a man of sense from the flattery of sycophants and admiration of fools.
-Richard Steele, author and editor
mayl noun practice author editor flattery sycophants admiration greenmail green times nov number public approbation man sense stock hostile takeover continental rise rapidly