noun

• (Internet) The registration of a well-known brand or company name as an Internet domain name in the hope of selling it at a later date.
  "Maybe a little broad in your interpretation? Dilution would not have existed in this case if Toeppen were not in the "business" of cybersquatting? The statute does not allow noncommercial use to "dilute", but when a domain name owner suggests money may be taken for the domain name, a problem is created for the DNO, right? This may be a large trap for attorneys advising in this area."
• (Internet) A form of passing off, often with the intent referred to in the first sense above.
  "The day after the issuance of the interlocutory injunction he was interviewed by a StarPhoenix reporter as part of a larger article on "Cybersquatting" as the domain name game has come to be called."