Noun
greenshoe (plural greenshoes)
(finance) An option that allows underwriters to short-sell shares in a registered securities offering at the offering price.
Saudi Aramco raises IPO to record $29.4 billion through greenshoe optionDUBAI (Reuters) - State-owned oil company Saudi Aramco said on Sunday it has exercised its "greenshoe option" to sell an additional 450 million shares, raising. Source: Internet