POISON PILL

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

The target company defends itself by making its stock less attractive to an acquirer

Classified under:

Nouns denoting acts or actions

Hypernyms ("poison pill" is a kind of...):

porcupine provision; shark repellent (a measure undertaken by a corporation to discourage unwanted takeover attempts)

Hyponyms (each of the following is a kind of "poison pill"):

suicide pill (a poison pill with potentially catastrophic implications for the company it is intended to protect)

Credits