noun
1. : a benefit (as food, entertainment, or acclaim) gained or accepted at another's expense or without cost to or effort by the one benefiting
2.
a. : a subscription to a new security offering with the hope that the bonds or shares allotted can be sold out at a profit before actual payment is made
b. : a speculation on a very thin margin or where a quick profit seems assured by government or other action
3. : the right to receive another card in stud poker without putting any chips in the pot