Take-under

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    A proposed acquisition of a company at a price below its market price.

    "PNC said the deal represented an offer of $2.23 for each share of National City, or nearly 19 percent below the stock’s closing price on Thursday. That makes the acquisition a “take-under,” meaning the purchase price is below the market value of the target company."

Example

More examples

"PNC said the deal represented an offer of $2.23 for each share of National City, or nearly 19 percent below the stock’s closing price on Thursday. That makes the acquisition a “take-under,” meaning the purchase price is below the market value of the target company."

Etymology

Modelled on takeover.

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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.