greenshoe option Meaning in the Cambridge English Dictionary
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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 ​sellsshares 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 ​originalnumber set by the issuer.
(Definition of greenshoe option from the Cambridge Business English Dictionary © Cambridge University Press)
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