Holding the market
Definition
The illegal practice of maintaining and/or placing a sufficient number of buy orders to create price support for a security or commodity in an amount sufficient to stabilize a downward trend.
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Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University
Term of the Day
Market check
An investigation typically conducted by an investment banking firm, on behalf of a target's Board of Directors (or Special Committee) as part of a process to determine whether a proposed price for... Read More
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