cy‧ber‧squat‧ter /ˈsaɪbəˌskwɒtə $ -bərˌskwɑːtər/ noun [countable]
someone who officially records the names of companies that they do not own or work for as domain names on the Internet in order to sell these names to companies for profit
—cybersquatting noun [uncountable]

[TahlilGaran] Dictionary of Contemporary English ▲