dummy

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Dummy

A buyer of real estate who has no interest in owning what he/she buys. That is, if a developer wishes to buy up a large amount of land without attracting attention, he/she may hire dummies to purchase (with the developer's capital) on his/her behalf. The dummies in turn re-sell (or simply give) the properties to the developer.

dummy

A straw man, as when a developer desires to purchase a number of properties in order to assemble them and build a shopping center but is afraid that owners will increase their asking prices if they know the true name of the buyer. Owners sell to the dummy, who then transfers to the developer.

References in periodicals archive ?
The current release of Dog Basics For Dummies is available on iOS (iPhone/iPod touch/iPad) through iTunes.
Trading Standards officials in Warwickshire urged anyone with young children to dispose of the dummies, which are fitted with flashing lights and sold as ``costume jewellery'' to dance lovers.
And, in any case, the project studied the behaviour of only 128 pre-school children from Patagonia, who had, variously, sucked fingers, dummies, breasts and bottles - hardly an exhaustive sample.
Readers of The Euro Crisis For Dummies can find further information in full size Dummies books available in e-book and paperback including, Economics For Dummies, Investing For Dummies and European History For Dummies.
But specialty retailers that typically don't sell books are willing to peddle ``Dummies'' manuals, with computer stores selling software titles, wine stores selling ``Wine for Dummies,'' and sporting goods shops selling ``Golf for Dummies.
Bestselling titles from last year's Dummies Month ranged from Windows Vista For Dummies to Wine For Dummies.
KEEP DUMMIES CLEAN BACTERIA can backtrack from the mouth into the narrow channels between the ears and her throat (the Eustachian tubes).
The reason for tossing the dummies in completely opposite directions is to encourage the dog to retrieve the first dummy and return to me before he thinks about the second.
Experts say prolonged use of dummies can increase the risk of ear infections and can cause an overbite as the teeth grow around the teat.
Also available as an ebook, Dad's Guide to Pregnancy for Dummies is part of the extremely useful and user-friendly series of "For Dummies" guidebooks, created to demystify complex subjects and to be accessible to readers of all backgrounds.
The dummies, which were designed to represent the female body, have been further developed to simulate both a smaller female adult and a young vehicle passenger during side-impact crash-test scenarios.
We need one male and two female full size shop dummies.