piggyback

piggyback definition - business

piggyback

  1. Consecutive radio or television commercials of two or more products from the same company.
  2. Placing a truck trailer on a railroad flatcar.
  3. The situation of a broker trading in his or her personal account after trading in the same security for a customer. The broker may believe the customer has access to privileged information that will cause the transaction to be profitable.
  4. See follow-on offering.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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