brokerage; mediation; fencing (stolen goods)
Legal term for acting as an intermediary in transactions, especially in the context of handling stolen property. The 'fencing' sense is a specific criminal application.
He was arrested for fencing stolen goods.
The crime of fencing is stipulated in the Penal Code.
A Sino-Japanese legal term based on Chinese 牙保, denoting a broker, intermediary, or guarantor in a transaction. Related Chinese terms using 牙 likewise referred to brokers and middlemen.