the illegal buying and selling of securities by persons acting on privileged information.
The unlawful practice of using information that comes from a source “inside” the business but is not available to the general public to trade on the stock market. This activity is prohibited by law and is policed by the Securities and Exchange Commission.
Note: In the mid-1980s, several revelations of insider trading rocked Wall Street.
[preposition in-sahyd, in-sahyd; adverb in-sahyd; noun in-sahyd; adjective in-sahyd, in-, in-sahyd] /preposition ˌɪnˈsaɪd, ˈɪnˌsaɪd; adverb ˌɪnˈsaɪd; noun ˈɪnˈsaɪd; adjective ˌɪnˈsaɪd, ˈɪn-, ˈɪnˌsaɪd/ preposition 1. on the inner or part of; within: inside the circle; inside the envelope. 2. prior to the elapse of; within: He promised to arrive inside an hour. adverb 3. or into […]
- Inside skinny
noun phrase by 1972 The confidential and little-known truth: This guy gave us the inside skinny on Prozac Related Terms skinny
noun 1. Poker. a set of four cards, as the five, seven, eight, and nine, requiring one card of a denomination next above or below the second or third ranking cards of the set to make a straight. Idioms 2. draw to an inside straight, to build up hopes for something that has little or […]
- Inside the box
noun orthodox, unimaginative thought