In the context of domains, a domain squatter would be more like someone who holds and keeps a domain without any intention of actually using it or taking it kno

In the context of domains, a domain squatter would be more like someone who holds and keeps a domain without any intention of actually using it or taking it knowing someone else might have use of that exact name, they just want to sell it later for more money. In real-life I agree with your definition though, I guess it not 100% comparable, bad name that got stuck.