The practice of replicating the investment strategies of institutional investors who are known, or believed, to have exhibited good performance. Also known as PIGGYBACKING See also TAILGATING COD See CASH ON DELIVERY.

More On This Topic

Link to This Definition
Did you find this definition of COAT-TAILING helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary