| 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. |
| 1. | an area of land, usually in a largely natural state, for the enjoyment of the public, having facilities for rest and recreation, often owned, set apart, and managed by a city, state, or nation. |
| 2. | an enclosed area or a stadium used for sports: a baseball park. |
| 3. | a considerable extent of land forming the grounds of a country house. |
| 4. | British. a tract of land reserved for wild animals; game preserve. |
| 5. | Western U.S. a broad valley in a mountainous region. |
| 6. | a space where vehicles, esp. automobiles, may be assembled or stationed. |
| 7. | amusement park. |
| 8. | theme park. |
| 9. | any area set aside for public recreation. |
| 10. | Military.
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| 11. | Automotive. a setting in an automatic transmission in which the transmission is in neutral and the brake is engaged. |
| 12. | to place or leave (a vehicle) in a certain place for a period of time. |
| 13. | Informal. to put, leave, or settle: Park your coat on the chair. Park yourself over there for a moment. |
| 14. | to assemble (equipment or supplies) in a military park. |
| 15. | to enclose in or as in a park. |
| 16. | Informal. to invest (funds) in a stock, bond, etc., considered to be a safe investment with little chance of depreciation, as during a recession or an unstable economic period, or until one finds a more profitable investment. |
| 17. | Aerospace. to place (a satellite) in orbit. |
| 18. | to park a car, bicycle, etc. |
| 19. | Informal. to engage in kissing and caressing in a parked car. |
park·ing (pär'kĭng) n.
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park
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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.