Words / P / Business

poison pill

noun

B1CEFR level
40/100Rarity: uncommon
TechnicalRegister

A defensive tactic that makes a hostile takeover prohibitively costly for the acquirer.

The board adopted a poison pill overnight to fend off the raider's creeping stake.

Similar: shareholder rights plan

Topic: Governance in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Governance