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dabba market

dabba market
 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)

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