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English definition of “cybersquatting”

cybersquatting

noun [U] uk   /ˈsaɪ.bəˌskwɒt.ɪŋ/ us    /-bɚˌskwɑː.t̬ɪŋ/
the situation in which someone pays for a famous name as an internet address, so that they can later sell it for a high price to the person or organization with that name
cybersquat
verb [I] uk   /-skwɒt/ us    /-skwɑːt/ (plural -tt-)
cybersquatter
noun [C] uk   /-ˌskwɒt.ər/ us    /-ˌskwɑː.t̬ɚ/
(Definition of cybersquatting from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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