rig


rig
I. rig rig 1 [rɪg] noun [countable]
1. MANUFACTURING a large structure used to get oil from under the ground:

• an offshore oil rig

• The company owns and operates 13 drilling rigs in the Southwest USA.

2. TRANSPORT a large truck:

• Truckers say the bigger rigs will reduce their costs by a third.

  [m0] II. rig rig 2 verb rigged PTandPP rigging PRESPART [transitive]
1. to arrange or influence a business deal or election in a dishonest way so you get the result you want:

• There were claims that the election was rigged.

2. if companies, groups of investors etc rig prices or rig the market, they work together illegally or unfairly to influence prices, conditions etc to their advantage:

• The two companies were accused of rigging oil prices.

• Investors who believe that the market is rigged are likely to withhold their investment.

* * *

Ⅰ.
rig UK US /rɪg/ verb [T] (-gg-)
to dishonestly influence or change something in order to get the result that you want: »

Several insurance companies have been accused of rigging their computer programs to produce artificially low values for injury claims.

»

rig an election/vote/poll

rig prices/bids/systems »

The airline has been fined for rigging prices.

rig the market — Cf. rig the market
Ⅱ.
rig UK US /rɪg/ noun [C]
NATURAL RESOURCES a tall structure built in the sea or on the ground that is used for getting oil or gas from under the earth's surface: »

oil/drilling/offshore rigs

US TRANSPORT a very large truck consisting of two or more parts: »

For some truckers, driving a big rig is more than just a job.


Financial and business terms. 2012.

Synonyms:
(particularly in a fanciful manner), , , , (odd or fanciful) / , , ,


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