Poison Pill at Legal Glossary

What is it? A strategy for avoiding a hostile takeover. A company offers low-price stock to its current shareholders in order to make it more expensive for another company to buy them out.

Law Definition Added By: Grace

Send To Friends!

If you'd like to send the Poison Pill definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Poison Pill. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Legal Terms:

Law Terms U.S. Copyright Office is See Copyright Office.

Law Terms decision is The outcome of a proceeding before a judge, arbitrator, government agency or other legal tribunal. Decision is a general term often used interchangeably with the terms judgment or opinion. To be precise, however, a judgment is the written form of the courts decision in the clerks minutes or notes, and an opinion is a written document setting out the reasons for reaching the decision.

Law Terms trust corpus is Latin for the body of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the res, a Latin word meaning thing.

Law Terms County Attorney is See District Attorney.

Law Terms McNaghten Rule is The earliest and most common test for criminal insanity, in which a criminal defendant is judged legally insane only if he could not distinguish right from wrong at the time he committed the crime. For example, a delusional psychotic who believed that his assaultive acts were in response to the will of God would not be criminally responsible for his acts.