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scalper

C2
noun

Pronunciation

UK

  • /skˈælpə/

US

  • /ˈskælpər/

Description

A scalper is usually someone who buys things that are hard to get, like concert tickets or new game consoles, and then sells them again for a much higher price. Picture a big show that sells out in minutes: this person grabs a stack of tickets first and then offers them to worried fans at an inflated price. The word is usually negative because it suggests making money by taking advantage of scarcity and urgency. In some situations, it can also mean a trader who tries to make many small, fast profits.

Examples

  1. 1

    Ticket resale

    We couldn't get concert tickets online, so my brother bought two from a scalper outside the arena.

  2. 2

    Ticket law

    The city passed a new law to stop ticket scalpers from reselling seats at huge prices.

  3. 3

    Day trading

    Some day traders act like scalpers, buying and selling within minutes for very small profits.

    • Domain

      in trading, a scalper tries to make money from tiny price changes

Forms and spellings

2 forms open this card.

Main spelling

  • scalpernoun

Forms

  • scalperspluralnoun