shark repel lent

shark repellent

noun
any tactic used by a corporation to prevent a takeover by a corporate raider.

Origin:
1980–85

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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WordNet
shark repellent

noun
a measure undertaken by a corporation to discourage unwanted takeover attempts 
WordNet® 3.0, © 2006 by Princeton University.
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