insider trading
nounDefinitions
The illegal trading of a public company's stock or other securities based on material,…
The illegal trading of a public company's stock or other securities based on material, nonpublic information about the company.
- Wall Street wants repeal of the provisions for penalizing executives (and large stockholders) who trade in their company's securities. It claims that publicity on such "insider" trading is enough.
- The aim of insider trading law is simple: prohibit people from profiting from advance knowledge of a stock-moving event—be it a merger, an earnings warning or a soon-to-be-published news story.
The neighborhood
Vish — recursive loop
No curated loop yet for insider trading. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA