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carpetbagger

noun [C] (MONEY)
 
 
/ˈkɑː.pɪtˌbæɡ.ər/ US  /ˈkɑːr.pɪtˌbæɡ.ɚ/ UK disapproving

Definition

someone who invests in a financial organization that is owned by its members, in order to make a profit if it is sold: Thousands of carpetbaggers have invested in the building society, hoping that it will become a public company.Financial investments and the stock market
(Definition of carpetbagger noun (MONEY) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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