stockjobbery
Definition
Noun (uncountable):
- The practice of speculative trading in stocks and shares: "stockjobbery" refers to the business or activity of buying and selling stocks or shares in a speculative manner, often with the aim of making quick profits from price fluctuations rather than long-term investment.
Usage Examples
- (Speculative trading in stocks intensified market instability.)
- (The practice of speculative buying and selling is seen as harmful.)
Advanced Usage
- "to engage in stockjobbery": to participate in speculative stock trading.
- The trader was accused of engaging in stockjobbery to manipulate share prices. (The trader used speculative methods to influence the market.)
Variants and Related Words
Stockjobber (n): a person who engages in stockjobbery, especially a stockbroker who speculates on shares.
- The stockjobber made a fortune by buying low and selling high within days. (A speculative trader profited from short-term price changes.)
Stockjobbing (n): the activity or practice of stockjobbery; an alternative term for the same concept.
- Stockjobbing was common in the 19th-century London Stock Exchange. (Speculative trading was a frequent practice in that era.)
Synonyms
- Speculation: the act of trading in assets with high risk in hopes of significant returns.
- Gambling on stocks: a less formal term for risky stock trading.
Related Idioms
"Play the market": to engage in speculative stock trading.
- He lost his savings by playing the market without proper research. (He speculated in stocks and suffered losses.)
"Buy on the rumor, sell on the news": a strategy often associated with stockjobbery, where traders act on unverified information.
- Stockjobbers often buy on the rumor and sell on the news to profit quickly. (They exploit market sentiment for short-term gains.)