hydraulicking
n.— «It’s not unheard of, particularly in the area of investment apartments and the practice of same-day selling, when a property is bought and sold by a middleman with a friendly valuer and a gullible end purchaser. The practice is known as “hydraulicking” and was involved in many instances of mortgage fraud reported earlier this year.» —“Benefits to adopting good valuation rules” by Bernard Hickey New Zealand Herald (Dunedin) Sept. 28, 2008. (source: Double-Tongued Dictionary)
Further reading
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