IDB, noun
- Forms:
- Also I.D.B.
- Origin:
- Initial letters of illicit diamond buying or illicit diamond buyer.
- Note:
- Cf. IGB.
1. An illicit diamond buyer: one who trades illegally in uncut diamonds.
1968 S. Tolansky Strategic Diamond 91Illicit diamond buyers (I.D.B.s)..are pursued fiercely by penal laws in many African states. Often the I.D.B. must offer lower prices than world prices.
2. Illicit diamond buying: illegal trading in uncut diamonds by unlicensed persons. Also attributive.
1882 C. Du Val With Show through Sn Afr. I. 95The principal white prisoners are those who have been convicted of I.D.B., which cabalistic letters translated mean ‘illicit diamond buying’, a fascinating species of occupation much in vogue on ‘the Fields’.
1989 D. Carte in Sunday Times 8 Oct. (Business Times) 13With huge sums at stake, the IDB racket, like the illicit drug trade, is sophisticated and violent.
3. combination
1913 C. Pettman Africanderisms 223I.D.B. Act, The common name of the Diamond Trade Act,..framed to suppress, if possible, the nefarious traffic above described.
1919 M.M. Steyn Diary 184At this period the I.D.B. Act (Illicit Diamond Buying) was not in force, and diamonds could be bought from anyone.
one who trades illegally in uncut diamonds.
illegal trading in uncut diamonds by unlicensed persons. Also attributive.
- Derivatives:
- Hence IDBism noun nonce, illicit diamond buying.1895 R.H.S. Churchill Men, Mines & Animals 45A law of exceptional rigour punishes illicit diamond buying, known in the slang of South Africa as I.D.B.ism.