scalper

/'skælpə/

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Explanation of the Word "Scalper"

Definition: A "scalper" is a noun that refers to someone who buys tickets (like for concerts, sports events, or shows) and then sells them at a much higher price than they originally paid. This is often done to make a profit, especially when the event is very popular and tickets are hard to get.

Advanced Usage:

• Scalping (verb): The act of buying tickets or products and reselling them at a higher price.
  • Example: "He was scalping tickets for the finals, making a lot of money from fans who missed out on the initial sales."

Word Variants:

• Scalped (adjective): Can describe tickets or products that have been sold by scalpers.
  • Example: "The scalped tickets were outrageously expensive."

Different Meanings:

• Although "scalper" primarily refers to ticket resellers, it can also refer to someone who buys and resells other items (like limited edition sneakers or collectibles) at inflated prices.

Synonyms:

• Reseller
• Ticket reseller
• Speculator

Idioms and Phrasal Verbs:

• "Buy low, sell high": This phrase captures the essence of scalping, where the scalper buys at a lower price and sells at a higher price.
• "Mark up": This phrasal verb means to increase the price of something. A scalper will mark up the price of tickets they sell.

Important Note:

Scalping can sometimes be illegal or frowned upon in certain places, especially if it goes against the rules of the event or venue. It’s important to be aware of local laws and regulations regarding ticket sales.

Summary:

A "scalper" is someone who buys tickets or items and sells them for a higher price.

Academic

Noun

1. someone who buys something and resells it at a price far above the initial cost
   • he got theater tickets through a scalper