Definition of cybersquatter noun from the Oxford Advanced Learner's Dictionary

 

cybersquatter

 noun
noun
BrE BrE//ˈsaɪbəskwɒtə(r)//
 
; NAmE NAmE//ˈsaɪbərskwɑːtɪŋər//
 
 
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a person who buys and officially records an address on the Internet that is the name of an existing company or a well-known person, with the intention of selling it to that company or person Many companies prefer to pay cybersquatters for the right to use their own name rather than risk a court case.