cybersquatting
noun /ˈsaɪbəskwɒtɪŋ/
/ˈsaɪbərskwɑːtɪŋ/
[uncountable]- the illegal activity of buying and officially recording an address on the internet that is the name of an existing company or a well-known person, with the intention of selling it to the owner in order to make money