Meaning PIGGYBACKING: A broker who trading stocks, bonds or commodities in a personal account following a trade just made for a customer. The broker assumes that the customer is making the trade on valuable inside information. Illegal
More terms such as Piggybacking in Dictionary P.
- Definition Purchasing Power Of The Dollar:
- Examples The amount of goods and services that can be exchanged for a dollar as compared with amount of a previous time period piggybacking definition.
- Definition Personal Article Floater:
- Examples Insurance policy attachment designed to cover specified personal valuables piggybacking explain.
- Definition Presale Order:
- Examples An order to purchase part of a new municipal bond issue that is accepted by an underwriting syndicate before an official public offering piggybacking what is.
- Definition Price Spread:
- Examples An options strategy that involves buying and selling two options on the same security with the same expiration month, but with different exercise prices piggybacking meaning.
- Definition Prior-Preferred Stock:
- Examples Preferred stock that has a higher claim on all dividends and assets in liquidation than claims of other preferred stock piggybacking abbreviation.
