Greenmail Financial Glossary
What is it? In a typical greenmail, the acquiring firm has already purchased a number of shares of the target firms stock. Management of the target company offers to buy back the stock, at a price higher than the market.Finance Term Definition Added By: Austin
The Greenmail definition has been viewed 1135 Time(s)!
Send To Friends!
If you'd like to send the Greenmail definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Greenmail. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Finance Terms:
Financial Term European Economic Area is This now consists of Iceland, Liechtenstein and Norway and has a special relationship with the EU.Financial Term Capitalisation is The market value of a company calculated by multiplying the number of shares by the current share price.
Financial Term eligible accounts is Receivables that are acceptable to the lender for the purpose of making advances to the borrower under a line of credit with an advance formula. The criteria for determining the eligibility of accounts must be set forth in the loan documentation.
Financial Term permanent lender is A lender, which may be a financial institution, an insurance company, or a pension fund, that finances real estate projects after construction is completed. Also called end lender.
Financial Term Cappedrate mortgage is Whatever happens to the Bank of England base rates, the interest rate you are charged on this type of mortgage will never rise above a certain cap during a set period.