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To trade securities based on information that is not yet public; to trade on inside information.

Additional definitions for 'jump the gun':

jump the gunTo act or begin too soon or without due caution.
jump the gunTo begin a race too soon, before the starting gun goes off.
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"jump the gun." Phrases.net. STANDS4 LLC, 2017. Web. 22 Nov. 2017. <http://www.phrases.net/phrase/jump-the-gun_4819>.

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