GUN JUMPING
\ɡˈʌn d͡ʒˈʌmpɪŋ], \ɡˈʌn dʒˈʌmpɪŋ], \ɡ_ˈʌ_n dʒ_ˈʌ_m_p_ɪ_ŋ]\
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(1) The public solicitation of orders for a PRIMARY OFFERING before REGISTRATION is complete. (2) TRADING of securities on the basis of nonpublic information (as a form of INSIDER TRADING). Gun jumping in either form is illegal in most national jurisdictions.
By Henry Campbell Black
Word of the day
Cannabinol
- A physiologically inactive constituent of Cannabis sativa L. An oil obtained from Cannabis indica, thought by some active principle; said to be a phenol aldehyde of the formula OH.C20H28COH, hence more accurately called cannabinolal.