Rigging
61Bid Rigging — A scheme in which businesses collude so that a competing business can secure a contract for goods or services at a pre determined price. Bid rigging stifles free market competition, as the rigged price will be unfairly high. The Sherman Act of… …
62running rigging — Naut. 1. rigging for handling sails, yards, etc. (contrasted with standing rigging). 2. rigging for handling cargo. [1660 70] * * * …
63bid-rigging — ˈbid ˌrigging noun [uncountable] 1. LAW COMMERCE a type of fraud in which businesses that are competing against each other for a contract secretly make arrangements with each other in order to get advantages for themselves, for example by… …
64ballot rigging — also ballot rigging N UNCOUNT Ballot rigging is the act of illegally changing the result of an election by producing a false record of the number of votes. The poll was widely discredited after allegations of ballot rigging …
65running rigging — n. the movable parts of a vessel s rigging, as halyards and sheets, used to position and control sails, booms, etc.: cf. STANDING RIGGING …
66standing rigging — n. the permanently positioned parts of a vessel s rigging, as stays and shrouds, used to support sails, masts, etc.: cf. RUNNING RIGGING …
67Standing rigging — Standing Stand ing, a. 1. Remaining erect; not cut down; as, standing corn. [1913 Webster] 2. Not flowing; stagnant; as, standing water. [1913 Webster] 3. Not transitory; not liable to fade or vanish; lasting; as, a standing color. [1913 Webster] …
68Boat rigging (sport rowing) — Boats used in the sport of rowing may be adjusted in many different ways according to the needs of the crew, the type of racing, and anticipated rowing conditions. The primary objective of rigging a boat is to accommodate the different physiques… …
69standing rigging — Naut. rigging remaining permanently in position as a means of steadying various spars, shrouds, stays, etc. (contrasted with running rigging). [1740 50] * * * …
70Price Rigging — An illegal action performed by a group of conspiring businesses that occurs when the firms agree to artificially inflate prices in an attempt to recognize higher profits at the expense of the consumer. Price rigging can be found in any industry… …
