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crown jewel
crown jeweln.1. a. A precious stone that is part of a sovereign's regalia.b. crown jewels The jewels, such as those in a crown or scepter, used ceremonially by a sovereign.2. The most prized asset or possession in a group.crown′ jew′el n. 1. crown jewels, the ceremonial objects of a sovereign, as the crown and scepter, that are heavily jeweled. 2. the most valued possession. [1640–50] ThesaurusNoun | 1. | crown jewel - the most desirable assets of a corporation; "their crown jewels figured prominently in the takeover attempt"assets - anything of material value or usefulness that is owned by a person or company | | 2. | crown jewel - a precious stone that is a valuable part of a sovereign's regaliajewel, precious stone, gem - a precious or semiprecious stone incorporated into a piece of jewelry |
crown jewel
crown jewel1. A precious jewel that is part of or featured on a monarch's or sovereign's regalia. Just one crown jewel from the Queen's regalia is worth enough money to buy a small country.2. An asset or possession prized as being the best of a group of similar things. This vintage 1965 Corvette Stingray is the crown jewel of my car collection. The works of Shakespeare are the crown jewels of English drama.See also: crown, jewelcrown jewel
Crown jewelA particularly profitable or otherwise particularly valuable corporate unit or asset of a firm. Often used in risk arbitrage. The most desirable entities within a diversified corporation as measured by asset value, earning power, and business prospects; in takeover attempts, these entities typically are the main objective of the acquirer and may be sold by a takeover target to make the rest of the company less attractive. See: Scorched earth policy.Crown Jewel1. A particularly valuable or important asset that a company owns. For example, a car manufacturer's three best producing factories may be considered its crown jewels.
2. Describing an antitakeover measure in which a company sells many or all of its crown jewel assets. A crown jewel policy is designed to make the company less attractive to potential acquirers. The obvious disadvantage to a crown jewel policy is the possibility that, even if the company remains independent, the lack of its crown jewels may render it unable to maintain its operations easily. It is a type of scorched earth policy. See also: Poison pill, Suicide pill.crown jewel1. A prized asset of a company.2. Used to refer to a part of a business that is sought by another firm or an investor in a takeover attempt that is hostile to the target firm's management. Compare scorched earth.crown jewel Related to crown jewel: golden parachuteWords related to crown jewelnoun the most desirable assets of a corporationRelated Wordsnoun a precious stone that is a valuable part of a sovereign's regaliaRelated Words |