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from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. The sale of a security that one does not own but has borrowed in anticipation of making a profit by paying for it after its price has fallen.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A property sale negotiated with a mortgage company in which a lender takes less than the total amount due.
  • n. A sale of a security that one does not own, delivery obligation met by borrowing the security from another owner.
  • n. A sale of a financial security, commodity, or other good that one does not own with the contractual obligation to make delivery of the good to the buyer at a date in the future.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. sale of securities or commodity futures not owned by the seller (who hopes to buy them back later at a lower price)


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