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.
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(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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