Invertext Online Technical Dictionary


transitive verb  


Definition 1

Risk one's money, etc. against another's on the result of a doubtful event.

Source: Concise Oxford Dictionary

Context: More speculators betted that China's State Reserve Bureau was holding a large short position with an obligation to physically deliver metal this month.

Source: Financial Times 01/12/2005 (Kevin Morrison)

Appears in the following subjects