greenshoe option Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “greenshoe option” in the English Dictionary

"greenshoe option" in Business English

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greenshoe optionnoun [C]

uk   us   FINANCE, STOCK MARKET
an agreement that allows someone who sells shares for a company to sell more shares than the company had originally planned to sell: Greenshoe options typically allow underwriters to sell up to 15% more shares than the original number set by the issuer.
(Definition of greenshoe option from the Cambridge Business English Dictionary © Cambridge University Press)
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