Dutch book

English

Etymology

Uncertain.[1]

Noun

Dutch book (plural Dutch books)

  1. (gambling) A set of trades or bets such that, regardless of the outcome of events, one party strictly profits and another strictly loses.
    Synonym: lock

Derived terms
  • Dutch booked

References
  1. http://people.virginia.edu/~pwh2a/dutch%20book%20origins.doc
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.