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scalper

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scalp

[skalp]
–noun
1. the integument of the upper part of the head, usually including the associated subcutaneous structures.
2. a part of this integument with the accompanying hair, severed from the head of an enemy as a sign of victory, as by some North American Indians and others during the colonial and frontier periods in the U.S.
3. any token of victory.
4. the integument on the top of the head of an animal.
5. Informal. a small profit made in quick buying and selling.
–verb (used with object)
6. to cut or tear the scalp from.
7. Informal.
a. to resell (tickets, merchandise, etc.) at higher than the official rates.
b. to buy and sell (stocks) so as to make small quick profits.
8. to plane down the surfaces of (an ingot, billet, or slab).
–verb (used without object)
9. Informal. to scalp tickets, stocks, or the like.

Origin:
1250–1300; ME (north) (n.), perh. < ON skālpr sheath (hence, metaphorically a covering)


scalper, noun
scalpless, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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scalp   (skālp)   
n.  
  1. The skin covering the top of the human head.

  2. A portion of this skin with its attached hair, cut from a body especially as a battle trophy or as proof in claiming a bounty.

  3. A piece of hide from the skull of certain animals, such as the fox, shown as proof of killing in order to collect a bounty.

  4. A trophy of victory.

v.   scalped, scalp·ing, scalps

v.   tr.
  1. To cut or tear the scalp from.

  2. To deprive of top growth or a top layer: land scalped by strip miners.

  3. To resell at a price higher than the established value: scalping tickets to the baseball game.

  4. To buy and sell (securities or commodities) in order to make small quick profits.

v.   intr.
  1. To engage in the reselling of something, such as tickets, at a price higher than the established value.

  2. To buy and sell securities or commodities for small quick profits.


[Middle English, top of the head, of Scandinavian origin; see skel-1 in Indo-European roots.]
scalp'er n.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

scalp  (n.)
c.1300, presumably from a Scand. source (though exact cognates are wanting) related to O.N. skalli "bald head," skalpr "sheath," from the source of scale (n.2). Fr. scalpe, Ger., Swed. skalp are from English. The verb meaning "to cut off (someone's) scalp" is recorded from 1676, originally in ref. to N.Amer. Indians.

scalper 
"person who re-sells tickets at unauthorized prices for a profit," 1869, Amer.Eng., originally of the unused portions of long-distance railroad tickets. Probably from the verbal sense of scalp (q.v.).; perhaps the connecting sense is the bounty offered for scalps of certain destructive animals (attested in New England from 1703) and sometimes Indians (i.e., having only part of something, but still getting paid). Some, though, see a connection rather to scalpel, the surgical instrument.
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

scalper

  1. A market maker who assigns excessive markups or markdowns on security transactions. Such activity is in violation of National Association of Securities Dealers rules.

  2. An investment adviser who takes a position in a security before publicly recommending the security for purchase. The scalper then sells the security at a profit after the recommendation has caused investors to buy the security and push its price higher. This type of activity must be disclosed to buyers.

  3. An in-and-out trader who attempts to profit on relatively small price changes.


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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Legal Dictionary

Main Entry: scalp
Function: transitive verb
: to buy and sell so as to make small quick profits <scalp stocks>; especially : to resell at greatly increased prices intransitive verb : to profit by slight market fluctuations — —scalp·er noun
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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Medical Dictionary

Main Entry: scalp
Pronunciation: 'skalp
Function: noun
: the part of the integument of the head usually covered with hair in both sexes
Merriam-Webster's Medical Dictionary, © 2002 Merriam-Webster, Inc.
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Medical Dictionary

scalp (skālp)
n.
The skin covering the top of the head.

The American Heritage® Stedman's Medical Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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