standstill
C1CEFR level
68/100Rarity: rare
TechnicalRegister
Law noun
An undertaking not to buy more shares or launch a bid for an agreed period.
We opened the data room only after they signed a standstill, so the bidder could not flip our diligence into a hostile approach.
Business noun
An agreed pause barring either side from certain actions while talks continue.
Both parties signed a standstill so no one could court a rival bidder during diligence.
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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