cy ‧ ber ‧ squat ‧ ter /ˈsaɪbəˌskwɒtə $ -bərˌskwɑːtər/ BrE AmE noun [countable]
someone who officially records the names of companies that they do not own or work for as ↑ domain name s on the Internet in order to sell these names to companies for profit
—cybersquatting noun [uncountable]