poison pill

noun

Definition of poison pill

  1. :  a financial tactic or provision used by a company to make an unwanted takeover prohibitively expensive or less desirable

1983

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

  1. :  a financial tactic or provision used by a company to make an unwanted takeover prohibitively expensive or less desirable

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