insider trading
Word Rarity
Rare
Frequency: Zipf frequency 3.71 in modern English
17
Scrabble Score
14
Letters
5
Syllables
9
Unique Chars
Meaning
noun
The illegal trading of a public company's stock or other securities based on material, nonpublic information about the company.
Uncountable
Example Sentences
- "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."