follow Dictionary.com

Dictionary.com's Word of the Year is...

staggered directorships

plural noun
1.
(commerce) a defence against unwelcome takeover bids in which a company resolves that its directors should serve staggered terms of office and that no director can be removed from office without just cause, thus preventing a bidder from controlling the board for some years
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source

Word of the Day

Word Value for staggered

12
14
Scrabble Words With Friends

Nearby words for staggered directorships