Dialing for dollars

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Dialing for dollars

A term used to describe the practice of cold calling, but which has negative implications as it is frequently applied to salespeople selling speculative or fraudulent investments.

Dialing for Dollars

Informal; the practice of making an unsolicited telephone call to a completely unknown person in an attempt to convince the person to become an investor of a particular venture. This practice is controversial and some jurisdictions have put in place laws limiting its legitimate use. In theory, dialing for dollars is the same practice as cold calling, but the former term has a negative connotation. One often hears of dialing for dollars in the context of a suspicious and perhaps illegal investment.
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References in periodicals archive ?
I prefer to find high yields without leveraging my soul to Private Bankerji's Crazy Leveraged Structured Products with five per cent upfront (but hidden fee) for Bankerji's dial for dollars effort.
They're forced to dial for dollars from people who then appear before them in court and in every controversial case, they have to look over their shoulder.
They had to know that the river levels were being raised, just like they had to know he was going to a Buddhist Temple for a fundraiser, and just like they had to know that the phone he was using to dial for dollars belonged to the taxpayers," Nicholson observed.
We need someone who knows how to secure the border, not dial for dollars," Cornyn said.