short sale
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short sale
n.
1. The sale of a borrowed security in anticipation of making a profit by repurchasing it after its price has fallen.
2. An investment in an exchange-traded fund or derivative security whose performance is inversely related to that of a particular index.
3. The sale of a property for less than the amount owed on it, with the lender consenting to accept the lesser amount and cancel the debt in lieu of instituting foreclosure proceedings.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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| Noun | 1. | short sale - sale of securities or commodity futures not owned by the seller (who hopes to buy them back later at a lower price) trading - buying or selling securities or commodities |
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