Jitney


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Jitney

1. An illegal act in which two or more investors buy and sell the same security at pre-arranged, agreed-upon prices. This directly results in neither profit nor loss for the investor, but creates the impression that the security is undergoing heavy trading, which could drive up the price or generate unwarranted interest.

2. A situation in which a broker who is a floor member conducts a transaction on behalf of a broker who is not.
References in periodicals archive ?
For Jitney's set, the designers created the inside of a slightly run down jitney station.
The bankruptcy of Jitney Jungle Stores of America, a Jackson, Miss.-based chain with five stores in Arkansas, recalls Harvest Foods Inc.'s 1997 insolvency.
'This month, 20 years ago, I started working consistently when I took a role at the Huntington Theatre Company in Boston, doing August Wilson's 'Jitney.'
The new Premier format store in Hattiesburg, the off-season home of Green Bay Packers quarterback Brett Favre, is one of three new combination-store prototype units Jitney has opened since mid-summer.
So much has been written on August Wilson's project to chronicle the African-American experience through each decade of the twentieth century that the series, which now includes seven plays - Jitney!(1979), Ma Rainey's Black Bottom (1984), Fences (1987), Joe Turner's Come and Gone (1988), The Piano Lesson (1990), Two Trains Running (1992), and Seven Guitars (1996) - sometimes seems like a monolith.
That's why O'Keefe is encouraged by one of the Alliance for Downtown New York's first acts: subsidizing a free Jitney service that will circulate passengers from the New York Waterway ferry slip to the World Financial Center to the South Street Seaport to South Ferry and back.
A 10-time Grammy winner, John picked up a Tony for coproducing the revival of the musical 'Jitney' and won an Oscar for composing the song 'Glory' for the film, 'Selma.'
Initial investigation revealed that De Dios boarded a passenger jitney in Barangay Ninoy Aquino, Angeles City around 4:40 a.m.
The market also provides a guarantee retention rate of 5% of each jitney.
("Jitney," a 10th play but the first written, was performed Off Broadway.) Over the years, the Wilson oeuvre has earned 45 Tony noms and eight wins.
August Wilson does not normally premiere his plays in his native town of Pittsburgh--the only plays by Wilson to receive premieres in Pittsburgh thus far are Jitney and King Hedley II; the latter inaugurated the Pittsburgh Public Theater's new performance space, the O'Reilly Theater.
For individuals who live far from a bus stop, they created a jitney service that provided rides to bus stops.