daisy chain

daisy chain. A series of purchases and sales of the same stock by a small group of securities dealers attempting to drive up the stock’s price to attract unsuspecting buyers’ interest. • Once the buyers have invested (i.e., are caught up in the chain), the traders sell for a quick profit, leaving the buyers with overpriced stock. This practice is illegal.

---

词条贡献者

法律翻译Frank，毕业于英国一流的高级翻译学院，专注翻译各类与娱乐、体育及媒体有关的法律文件。