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Definition 2024


tippee

tippee

English

Noun

tippee (plural tippees)

  1. The recipient of a gratuity.
    • 2009 April 4, Jennifer 8. Lee, “The Last Pullman Porters Are Sought for a Tribute”, in New York Times:
      An 1890 article in The New York Times debated the ethics of tipping porters : “Tipping is objected to by austere and frugal American moralists upon the ground that it undermines the manhood and self-respect of the tippee.
  2. (US, law, finance) A recipient of inside information.
    • 2002 October 17, “Tips on insider trading How an investor can avoid the problems”, in San Francisco Chronicle:
      If tippees trade on the information, knowing it was given improperly, they, too, can be found guilty of insider trading, says attorney Jared Kopel