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insider trading definition - finance
Trading by people who have access to material, non-public information that allows them to make a substantial profit by either buying or selling the companyÂ’s securities (usually stock). Insider trading is strictly prohibited by securities law and violators are subject to large fines and jail time.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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