gun jumping
"Gun jumping" originates from sports but has significant implications in finance and antitrust law, referring to premature actions that violate rules or regulations.
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Definition
C1Finance
(technical, formal)The illegal practice of acting on insider information before it is publicly available, often seen in mergers and acquisitions.
Example
- The company was fined for gun jumping by trading stocks based on undisclosed information.
C1Securities Regulation
(technical, formal)Discussing or promoting a security before its registration statement is filed or approved by regulatory authorities.
Example
- The firm was penalized for gun jumping by soliciting orders before the IPO registration was approved.
C1Antitrust and Mergers
(technical, formal)Unlawful pre-merger coordination between parties, including sharing sensitive information or fixing prices before the transaction is finalized.
Example
- The merger was delayed due to allegations of gun jumping involving pre-merger price fixing.
B2Sports
(informal)Starting a race before the official start signal is given.
Example
- The athlete was disqualified for gun jumping at the start of the 100-meter race.
Similar
Terms that have similar or relatively close meanings to "gun jumping":