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straw buyer

straw buyer  n.— «An illegal land flip is a two-part transaction involving the transfer of a piece of real estate that is sold to a straw buyer for the fair market value, and then resold to an end buyer at an inflated value, often using...

basket size

basket size  n.— «On average, a customer with a basket will buy two items more on any given visit than a customer left to fumble with two or three purchases, other shopping bags and a handbag or purse. This is no small matter as store...

curbstoner

curbstoner  v.— «Sometimes the mileage on the car is in question. Mr. Buyer, who recently complained to us about a transaction, may have been the victim of a “curbstoner.”» —“That Street-Corner Car Dealer May Be Taking You...

smurfing

smurfing  n.— «By splitting up the transaction—also known as “structuring” or “smurfing”—Marotta evaded regulations requiring banks to file currency transaction reports for withdrawals over $ 10,000.» —“Former...

smurfing

smurfing n. the making of a series of small transactions to escape the regulatory notice a single larger transaction might attract. (source: Double-Tongued Dictionary)

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