corner


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Corner a Market

1. To own a significant enough amount of a stock to be able to manipulate its price. More specifically, an investor corners a market when he/she owns so many shares in a company that he/she can trigger a sell off if he/she dumps the stock. For this reason, persons and institutions owning or buying more than a certain percentage of shares in a company must register with the SEC and are subject to certain restrictions.

2. To have the greatest market share in a particular industry without having a monopoly. Companies that have cornered their markets usually have greater leeway in their decisions; for example, they may charge higher prices for their products without fear of losing too much business. Large companies, such as Wal-Mart or Microsoft, are considered to have cornered their markets. See also: Gorilla.

corner

Significant control over a sufficient portion of a particular security so that it is possible to control the security's price. Others wishing to purchase the security, especially to cover short positions, are forced to buy it at an artificially high price. Corners were popular in the early 1900s when the securities markets were virtually unregulated. See also natural corner.

corner

To acquire a big enough position in a particular security or commodity so that control over its price and supply is achieved.

corner

vb. to buy or attempt to buy up all the supplies of a particular product on the MARKET, thereby creating a temporary MONOPOLY situation with the aim of exploiting the market.
References in classic literature ?
It was such a curious corner in its acoustical properties, such a peculiar Ear of a place, that as Mr.
But when he had made away with these two, and was about to sit down again by his fire, out from every hole and corner came black cats and black dogs with red-hot chains, and more and more of them came until he could no longer move, and they yelled horribly, and got on his fire, pulled it to pieces, and tried to put it out.
She adopted, indeed, a condescending tone towards that poor island, which was now advancing chilly crocuses and nipped violets in nooks, in copses, in cosy corners, tended by rosy old gardeners in mufflers, who were always touching their hats and bobbing obsequiously.
Next, he sheered to the left, to escape the foot of the bed; but this sheer, if too generous, brought him against the corner of the table.
Daughtry, with the "no can" still in force, would leave the stateroom, and, though he remained away half an hour or half a dozen hours, on his return he would find the food untouched and Michael, perhaps, asleep in the corner at the head of the bunk which had been allotted him for a bed.
Emily reclined again in her corner of the carriage.
The ragged girl went stealthily over to the corner where the urchin lay.
There was a scuttling in the corners as the seconds cleared out through the ropes, taking with them the stools and buckets.
Along one of the adjoining walls, too, past the boarded-up windows, was the trail made by the man himself in reaching his corner.
They have smiles and greetings for everybody--for you, without the price of a glass of beer in your pocket, for the timid hobo who lurks in the corner and who certainly hasn't a vote, but who may establish a lodging-house registration.
In one corner was the bed, a high, old-fashioned one, with four dark, low- turned posts.
In a corner opposite to him was the miller's solid walnut-wood bed.