Short sale

noun

Definitions

Noun
  1. 1
    A property sale negotiated with a mortgage company in which a lender takes less than the total amount due.
  2. 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. 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. 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.

Next best steps

Mini challenge

Unscramble this word: shortsale