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poison pill
noun
: a financial tactic or provision used by a company to make an unwanted takeover prohibitively expensive or less desirable
Examples of poison pill in a Sentence
Recent Examples on the Web
Southwest’s move on Wednesday comes several weeks after Elliott’s bid, with the poison pill plan seeking to stave off the activist firm.
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Byleo Schwartz, Fortune, 3 July 2024
After pushback, Democrats removed the poison pill amendments last month.
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Jack Birle, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 1 July 2024
Will the poison pill prompt initiative supporters to scuttle their measure?June 27 is the deadline for finalizing the ballot.
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George Skelton, Los Angeles Times, 17 June 2024
The Legislature responded with a 14-bill package that was supported by Republicans — until Democrats revealed their poison pill scheme.
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George Skelton, Los Angeles Times, 17 June 2024
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Word History
First Known Use
1983, in the meaning defined above
Dictionary Entries Near poison pill
Cite this Entry
“Poison pill.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/poison%20pill. Accessed 15 Jul. 2024.
Legal Definition
poison pill
noun
poi·son pill
: a financial tactic or provision used by a company to make an unwanted takeover prohibitively expensive or less desirable
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