[par-king] Pronunciation Key | 1. | the act of a person or thing that parks, esp. a vehicle. |
| 2. | space in which to park vehicles, as at a place of business or a public event: There's plenty of free parking at the stadium. |
| 3. | permission to park vehicles: Is there parking on this side of the street? |
| 4. | the activity or occupation of a person who operates or works in a parking lot, garage, or the like. |
| 5. | parking strip. |
| 6. | Informal. the act of kissing and caressing in a parked car: Some of the couples went parking on their way home from the dance. |
| 7. | of, pertaining to, used for, or engaged in parking, esp. of vehicles: parking regulations; a parking ticket; a parking space; a parking attendant. |
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006.
| park
(pärk) Pronunciation Key
n.
v. parked, park·ing, parks v. tr.
v. intr.
[Middle English, game preserve, enclosed tract of land, from Old French parc, of Germanic origin.] park'er n. |
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2006 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
| park·ing
(pär'kĭng) Pronunciation Key
n.
To the majority of Americans, the grassy strip between the sidewalk and the street is called simply the grassy strip between the sidewalk and the street. However, in some parts of the country, it has acquired specific names. In the Midwest and West, it is often called the parking or parkway, and in Washington State it is the parking strip, according to the survey conducted by the Dictionary of American Regional English. In the Upper Midwest, it is also known as the boulevard or boulevard strip; around the Great Lakes and in the Midwest, it is sometimes a terrace; around the Great Lakes and in especially northeastern Ohio, it is also called a tree lawn. In Massachusetts it is a tree belt; in the Atlantic states, sometimes a grassplot; and in Louisiana and Mississippi, neutral ground. Some of these words are also used for the grassy strip in the middle of a street or highway. See Note at neutral ground. |
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2006 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
| parking | |
noun | |
| 1. | space in which vehicles can be parked; "there is plenty of parking behind the store" |
| 2. | the act of maneuvering a vehicle into a location where it can be left temporarily |
Parking
A form of kiting shares that a brokerage commits by moving long positions in unrelated accounts to cover short positions that are improperly settled according to SEC regulations.
Investopedia Commentary
When parking shares, brokerage firms are attempting to cover undeclared short positions left over from transactions whose stock was not delivered by the settlement date. Rather than performing a buy-in transaction, these firms collude with one another and, by delaying the settlement process, inflate the number of shares available for trade in the secondary market.
Related Links
Brokers and Online Trading
Understanding Dishonest Broker Tactics
See also: Clearing, Cover, Kiting, Pairing Off, Secondary Market, Settlement Date, Short Covering, Short Interest
parking
- Placing idle funds in a safe, short-term investment while awaiting the availability of other investment opportunities. Many investors end up parking proceeds from a security sale in a money market account while searching for other securities to purchase.
- Transferring stock positions to another party so that true ownership of the stock will be hidden. For example, an investor involved in the takeover of a company may park securities of the company with other investors so that the management of the target company will not know the extent of the investor's stock ownership. Parking for this purpose is generally illegal.
Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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