Whitemail, coined as an opposite to blackmail, has several meanings explained below.


In economics, Whitemail is an anti-takeover arrangement in which the target company will sell significantly discounted stock to a friendly third party. In return, the target company helps thwart takeover attempts, by
# raising the acquisition price of the raider,
# diluting the hostile bidder’s number of shares, and
# increasing the aggregate stock holdings of the company.

Social culture

Whitemail can also be considered as legally compensating someone for doing their job in a manner benefiting the payor. For example, if a person gives a maître de a $20 bill in order to secure a table more quickly than other patrons who had arrived earlier, this could be considered whitemail. It is merely a compensatory incentive for someone to do their job quicker, better, or in a manner more advantageous to the payor.


In Terry Pratchett's Discworld universe, whitemail is an anti-crime. Whitemail is the threat of revealing a person's good deeds for purposes of ruining the person's reputation (e.g. as a gangster).


On the internet, Whitemail was an anonymous mailer hosted on [http://www.biomatic.org/ biomatic.org] . It would allow any visitor to send e-mail messages to any address at no cost and with no registration required, simply using the site's interface. Whitemail even allowed its users to provide any e-mail address (their own, somebody else's or one that does not exist) that would then appear to the recipient as the message's origin.The Whitemail service was removed from the site at version 3 in 2004.



Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Whitemail — A strategy that a takeover target uses to try and thwart an undesired takeover attempt. The target firm issues a large amount of shares at below market prices, which the acquiring company will then have to purchase if it wishes to complete the… …   Investment dictionary

  • whitemail — 1. noun a) A tactic to resist hostile takeover, in which the target company sells discounted stock to a friendly third party b) Persuasion based on positive rather than negative effects 2. verb a) …   Wiktionary

  • whitemail — Sale of a large amount of stock by a company that is the target of a takeover bid to a friendly party at below market prices, so that the raider is forced to buy more of highly priced shares to accomplish the takeover. Bloomberg Financial… …   Financial and business terms

  • Advance-fee fraud — African sting An advance fee fraud is a confidence trick in which the target is persuaded to advance sums of money in the hope of realizing a significantly larger gain.[1] Among the variations on this type of scam are the Nigerian Letter (also… …   Wikipedia

  • Pyramid scheme — The unsustainable exponential progression of a classic pyramid scheme A pyramid scheme is a non sustainable business model that involves promising participants payment or services, primarily for enrolling other people into the scheme, rather than …   Wikipedia

  • Takeover — This article is about the business term. For Takeover, see Takeover (disambiguation). For the science fiction series, see Hostile Takeover Trilogy . In business, a takeover is the purchase of one company (the target) by another (the acquirer, or… …   Wikipedia

  • Confidence trick — Con games redirects here. For the film, see Con Games (film). Scam redirects here. For other uses, see Scam (disambiguation). For the short story by John Wyndham, see Jizzle. A confidence trick is an attempt to defraud a person or group by… …   Wikipedia

  • Computer crime — Computer crime, or cybercrime, refers to any crime that involves a computer and a network.[1] The computer may have been used in the commission of a crime, or it may be the target.[2] Netcrime refers to criminal exploitation of the Internet.[3]… …   Wikipedia

  • Christophe Rocancourt — Born 16 July 1967 (1967 07 16) (age 44) Honfleur, Calvados, France Occupation Confidence man, Gentleman thief Christophe Thierry Rocancourt, sometimes also called Christopher Rocancourt, (b. July 16, 1967 …   Wikipedia

  • Shell game — For other uses, see Shell game (disambiguation). An illegal shell game performed with bottle caps on Fulton Street in New York City The shell game (also known as Thimblerig, Three shells and a pea, the old army game) is portrayed as a gambling… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”