FLIP IN PILL
\flˈɪp ɪn pˈɪl], \flˈɪp ɪn pˈɪl], \f_l_ˈɪ_p ɪ_n p_ˈɪ_l]\
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A POISON PILL that allows existing shareholders of a company that is the subject of a TAKEOVER to buy new shares at a discount; the pill increases DILUTION, and is thus intended to dissuade a potential acquirer from bidding for the company. See also FLIP OVER PILL.
By Henry Campbell Black
