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cyber-squatting

cyber-squatting in Technology

jargon, networking
The practice of registering famous brand names as Internet domain names, e.g. harrods.com, ibm.firm or sears.shop, in the hope of later selling them to the appropriate owner at a profit.
(1998-01-22)

The Free On-line Dictionary of Computing, © Denis Howe 2010 http://foldoc.org
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