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单词 bearskin man
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bearskin man
b. Stock Market. As a modifier designating a trader who expects prices to fall and so sells stock, which he or she may buy back later at a lower price, or a trader who sells stock he or she does not hold, hoping to be able to buy it cheaply before delivery is due, as in bearskin jobber, † bearskin man; = bear n.1 11. Now historical and rare. Apparently only in or with allusion to the works of Daniel Defoe.
ΚΠ
1704 D. Defoe Rev. Affairs France 5 Aug. (1705) 191/1 There was a great Hearing this Sitting, at the Club, between the Corporation of the City Sharpers, the Society of the Bear-Skin Men, and Honest L——yd the Coffee-Man.
1719 D. Defoe Anat. Exchange-Alley 40 Whenever they call in their Money the Stock-Jobbers must sell; the Bear-skin Men must commute, and pay Difference-money.
1726 D. Defoe Polit. Hist. Devil ii. vi. 279 Every false Friend, every secret Cheat, every Bearskin-Jobber has a Cloven-Foot.
1988 Orange Coast Nov. 192/3 Bearskin jobbers gained notoriety in the bursting of the South Sea Bubble of 1720.
extracted from bearskinn.
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