free-riding meaning

  "free-riding" in a sentence
[Finance]
A forbidden practice in which the member of an underwriting syndicate retains a portion of an initial public offering (IPO) and resells the securities at a higher price determined by the market at a later time.Also forbidden is a brokerage customer's rapid buying and selling of a security without putting up money for the purchase.

Related Words

  1. free-power supply meaning
  2. free-range meaning
  3. free-reed meaning
  4. free-reed instrument meaning
  5. free-rider meaning
  6. free-running meaning
  7. free-running frequency meaning
  8. free-running multivibrator meaning
  9. free-select meaning
  10. free-selection meaning
PC Version