Usually means: Trading on confidential, non-public information.
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We found 4 dictionaries that define the word insider trader:

General (2 matching dictionaries)
  1. insider trader: Collins English Dictionary
  2. insider trader: Dictionary.com

Business (2 matching dictionaries)
  1. insider trader: Merriam-Webster Legal Dictionary
  2. Glossary of Legal Terms (No longer online)

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