toehold
B2CEFR level
65/100Rarity: rare
TechnicalRegister
Law noun
An initial minority stake a bidder acquires in a target before launching a full takeover.
The predator built a discreet toehold of five per cent before announcing its intentions.
Business noun
A small initial stake acquired in a target before a full takeover bid.
The raider built a toehold of five per cent before approaching the board with an offer.
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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