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 ?

"Expecting your salesforce to simply take all the leads you send them after your show and 'dial for dollars' is simply an unrealistic expectation today," Erschik said in Exhibit City News.

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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.

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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.

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Remember back in the old days when you had to dial for dollars? I started in the business back in 1984 and built my practice on cold-calling folks out of the phone book and chamber of commerce directory.

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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.