Founders of a stock corporation issue shares and promise brilliant business deals. The shares are then subscribed for at a high premium. Now the founders sell the shares again and pocket the profit. It was never intended to use the share capital for investment in the first place. – Thanks to the vigilance of the stock exchanges and the supervisory authorities, such practices, which were common especially in the 19th century, have become extremely rare today. Agiotage in this form, however, still occurs on the global gray market. – In former times also said of trading in foreign exchange, securities and other assets for a high premium; generally hawkish deals on the financial market. In this sense, the term is often found in the socialist accusatory literature of the 19th century against the marked-based economy. – Another term for (quite legal; quite licit and correct) transactions for differences. – See Commercials, Steam Room, Danism, Financial Vultures, Money Europeans, Money Suckers, Foundation Swindle, Insider Turnover Incentives, Capital Market, Gray, Backdrop, Short Selling, Market Activity, Fake, Misochrematics, Offshore Financial Centers, Avenging Angels, Rebbes, Commodity Futures Contract, Schmu, Swindle Bank, Stock Jobber, Sin Money, Overset, Underground Banking, Usury, Usury Challenge.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/