Search Results for: DERIVATIVE

greenmail

greenmail. 1. The act or practice 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(1); FEEMAIL; GRAYMAIL. 3. A shareholder’s act of filing or threatening to file […]

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privy

privy (priv-ee), n. pl. A person having a legal interest of privity in any action, matter, or property; a person who is in privity with another. • Traditionally, there were six types of privies: (1) privies in blood, such as an heir and an ancestor; (2) privies in representation, such as an executor and a

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