dabba trading

dabba trading
 n.— «While the Sensex and the Nifty were making new records, the unofficial stock market or what is more commonly known as “dabba market” appears to have taken a beating.…Dabba trading is a parallel stock market where punters take positions with the prices in the regular market as references. The contracts, sealed orally in the kapli system (merely writing the amounts on a scrap of paper which serve as contract notes), are accepted for a day or a week.» —“Rising market knocks out dabba trading” by Dinesh Narayanan Mumbai Mirror (India) Nov. 29, 2005. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

It’s All in a Dezzick

The word dezzick is defined in an 1875 dictionary of the Sussex dialect as “a day’s work.” This is part of a complete episode.

Related

Sleepy Winks (episode #1584)

It was a dark and stormy night. So begins the long and increasingly convoluted prose of Edwards Bulwer-Lytton’s best-known novel. Today the annual Bulwer-Lytton Contest asks contestants for fanciful first sentences that are similarly...

Recent posts