insider trading
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English
Noun
- (business, finance, law) The illegal trading of a public company's stock or other securities based on material, nonpublic information about the company.
- 1942 February 9, “Back to Philadelphia”, in Time:
- 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.
- 2003 June 5, Jake Ulick, “Insider trading: A primer”, in CNNMoney.com, retrieved 25 Oct. 2008:
- 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.
Synonyms
Hypernyms
Related terms
Translations
trading of securities by a person who has privileged access to information
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See also
Further reading
insider trading on Wikipedia.Wikipedia
Italian
Etymology
Unadapted borrowing from English insider trading.