Dictionary of Business Terms: cornering the market
cornering the market
illegal practice of purchasing a security or commodity in such volume that control over its price is achieved.
Dictionary of Finance and Investment Terms: cornering the market
cornering the market
purchasing a security or commodity in such volume that control over its price is achieved. A cornered market in a security would be unhappy news for a short seller, who would have to pay an inflated price to cover. Cornering has been illegal for some years.
