/ English Dictionary |
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)