Definitions

1. noun

a person who makes a living by buying and selling goods quickly for a profit, especially by taking advantage of a price difference or a shortage.

“The spiv made a fortune by buying up stock in a struggling company and selling it at a higher price later.”

2. verb

to obtain goods or materials cheaply or dishonestly, in order to sell them at a higher price.

“Some spivs were caught spivving goods from a factory and selling them online.”