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insider dealing

dealing in company securities on a recognized stock exchange, with a view to making a profit or avoiding a loss, by a person who has confidential information about the securities that, if generally known, would affect their price. Its practice by those connected with a company is illegal
Derived Forms
insider dealer, insider trader, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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