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insider trading
noun
: the illegal use of information available only to insiders in order to make a profit in financial trading
Examples of insider trading in a Sentence
Recent Examples on the Web
An investor was sentenced to almost two years in prison Wednesday after pleading guilty to a $22 million insider trading scheme involving the effort to take Trump Media & Technology Group public, Bloomberg reported.
—Antonio Pequeño Iv, Forbes, 16 Oct. 2024
Tesla boss Elon Musk is no stranger to litigation, having fought off legal challenges against his massive salary, claims of a conflict of interest between his companies and even accusations of insider trading.
—Owen Bellwood / Jalopnik, Quartz, 4 Oct. 2024
The suspension was while SEBI carried out investigations into allegations of insider trading.
—Naman Ramachandran, Variety, 2 Sep. 2024
Financial watchdogs charged a 56-year-old New Yorker with insider trading on Tuesday, alleging the executive knew in advance that Foot Locker’s disappointing earnings would trigger a stock selloff.
—Amanda Gerut, Fortune, 25 Sep. 2024
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Word History
First Known Use
1966, in the meaning defined above
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Cite this Entry
“Insider trading.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/insider%20trading. Accessed 8 Nov. 2024.
Legal Definition
insider trading
noun
: the illegal use of especially material inside information for profit in financial trading see also tippee
More from Merriam-Webster on insider trading
Britannica.com: Encyclopedia article about insider trading
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