from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The illegal buying or selling of securities on the basis of information that is unavailable to the public.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun finance
Buyingor selling securitiesof a publicly-held companyby a person who has privileged accessto information concerning the company's financialcondition or plans.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun buying or selling corporate stock by a corporate officer or other insider on the basis of information that has not been made public and is supposed to remain confidential
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