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cop on

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cop

1[kop]
–verb (used with object), copped, cop⋅ping. Informal.
1. to catch; nab.
2. to steal; filch.
3. to buy (narcotics).
4. cop out,
a. to avoid one's responsibility, the fulfillment of a promise, etc.; renege; back out (often fol. by on or of): He never copped out on a friend in need. You agreed to go, and you can't cop out now.
b. cop a plea.
5. cop a plea,
a. to plead guilty or confess in return for receiving a lighter sentence.
b. to plead guilty to a lesser charge as a means of bargaining one's way out of standing trial for a more serious charge; plea-bargain.

Origin:
1695–1705; cf. cap (obs.) to arrest, Scots cap to seize ≪ dial. OF caper to take, ult. < L capere
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

COP

See certificate of participation.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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