Cybersquatting Definition

The registering of a domain name on the Internet in the hope of selling or licensing it at a profit to a person or entity who wishes to use it. If the domain name is identical or confusingly similar to a trademark used by that person or entity, the owner of the trademark has a cause of action against whoever registered and is holding on to the name. Also called cyberpiracy, domain name grabbing, and domain name piracy.
Webster's New World Law

(computing) The registration of a well-known brand or company name as an Internet domain name in the hope of selling it at a later date.


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