To get command of (a stock, commodity, etc.), so as to be able to put one's own price on it; as, to corner the shares of a railroad stock; to corner petroleum.
Control of the supply of a commodity or security, enabling the controller to manipulate its market price.
A situation where by a single interest or group has acquired such control of a security that these cannot be obtained or delivered for performance of existing contracts except at exorbitant prices. In such situations, the Governing Board may intervene to regulate or even prohibit further dealings in that security.
a temporary monopoly on a kind of commercial trade; "a corner on the silver market"
gain control over; "corner the gold market"
To corner is to secure such relative control of a commodity or security that its price can be manipulated.
(1) Securing control of cash and/or futures positions such that a commodity's or security's price can be manipulated; (2) in the extreme situation, obtaining or holding futures contracts requiring delivery of more commodities or securities than are available for delivery.
A position where one operator owns all or virtually all the market stocks of a commodity. His object is to control the supply of the metal, and thus cause an exceptional rise in price. The LME has rules to avert the worst effects of a corner. (See also Squeeze).
Refers to a market condition whereby an individual or group of individuals have gained control of a commodity or market.
To control so much of the market for a product that you control the price. For example: â€œToghether, the two companies were able to corner the silver market.
(1) Securing such relative control of a commodity that its price can be manipulated, that is, can be controlled by the creator of the corner; or (2) in the extreme situation, obtaining contracts requiring the delivery of more commodities than are available for delivery. See Squeeze, Congestion.
(1) Securing such relative control of a commodity or security that its price can be manipulated; (2) In the extreme situation, obtaining contracts requiring the delivery of more commodities or securities than are available for delivery.
Control or monopoly over a commodity or security to get control or to dictate price. Technically, a corner occurs on a stock exchange when shorts cannot borrow stock. Those who have a corner can dominate the situation and dictate the price and terms to their victims