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English definition of “cybersquatting”

cybersquatting

noun [U]
 
 
/ˈsaɪbəˌskwɒtɪŋ/
a situation in which someone pays to officially take 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: The lawsuit claims both cybersquatting and trademark infringement.
cybersquat verb [I] (-tt-) cybersquatter noun [C]
(Definition of cybersquatting from the Cambridge Business English Dictionary © Cambridge University Press)
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