poison pill
noun
Definition of poison pill
: a financial tactic or provision used by a company to make an unwanted takeover prohibitively expensive or less desirable
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First Known Use of poison pill
1983
POISON PILL Defined for English Language Learners
poison pill
noun
Definition of poison pill for English Language Learners
-
business : something that a company does to make itself less valuable or appealing in order to avoid being bought by another company
Law Dictionary
poison pill
noun
poi·son pill
Legal Definition of poison pill
: a financial tactic or provision used by a company to make an unwanted takeover prohibitively expensive or less desirable
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