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Short sale
noun
Definitions
Noun
- 1 A property sale negotiated with a mortgage company in which a lender takes less than the total amount due.
- 2 sale of securities or commodity futures not owned by the seller (who hopes to buy them back later at a lower price) wordnet
- 3 A sale of a third-party bond, share, or similar financial instrument that entails borrowing the asset together with a concurrent obligation to transfer its ownership to a subsequent buyer (or to the original seller) in the hope that the price will decrease before any loan must be repaid or relevant fees become due.
- 4 A sale of a financial security, commodity, or other third-party asset that entails a contractual obligation to deliver the asset to a subsequent buyer at a specified date.
See also for "short sale"
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Unscramble this word: shortsale