parking

Definition of "parking"
  1. The unauthorized activity of selling financial instruments with a mutual understanding that the seller will buy them back later at roughly the same cost
How to use "parking" in a sentence
  1. The regulatory body investigated the firm for allegedly engaging in parking.
  2. Parking is frowned upon in financial markets as it creates a false picture of a company's financial position.
  3. The brokerage was fined heavily due to its involvement in parking.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z