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.

Mentioned in ?

Automatic Dialer

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.

Oil, Iraq and energy shares

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.

Brandenburg and Lyle: The TT Interview

The system by which we now finance our democratic process virtually forces Feinstein and her colleagues to quit doing the public's business for hours each day so they can dial for dollars.

Shakedown

We need someone who knows how to secure the border, not dial for dollars," Cornyn said.