term:

Fence

fence n

1 : a barrier intended to prevent escape or intrusion or to mark a boundary
2 a : a receiver of stolen goods
b : a place where stolen goods are bought
vt fenced
fenc·ing
1 a : to enclose with a fence
b : to keep in or out with a fence
2 : to sell (stolen property) to a fence

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.