A precious stone that is part of a sovereign's regalia.
crown jewels The jewels, such as those in a crown or scepter, used ceremonially by a sovereign.
The most prized asset or possession in a group.
A part of a company sought by another party in a hostile takeover attempt.
crown jewel
A prized asset of a company.
Used to refer to a part of a business that is sought by another firm or an investor in a takeover attempt that is hostile to the target firm's management. Compare scorched earth.