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Definition of Short sale
1. Noun. Sale of securities or commodity futures not owned by the seller (who hopes to buy them back later at a lower price).
Definition of Short sale
1. Noun. (context: real estate) A property sale negotiated with a mortgage company in which a lender takes less than the total amount due. ¹
2. Noun. (context: investments) A sale of a security that one does not own, delivery obligation met by borrowing the security from another owner. ¹
3. Noun. (context: economics) 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. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Short Sale
Literary usage of Short sale
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Treatise on the Law of Stock-brokers and Stock-exchanges by John Randolph Dos Passos (1905)
"A. "short sale" of stocks has already been defined. By such a sale the Client
expects to be able to deliver the stock at a lower price. ..."
2. The Cumulative Book Index by H.W. Wilson Company (1909)
"Real Wall street: an understandable description of a purchase, a sale, a "short
sale"; with forms, definitions, rules, etc. D. 2p., 70p. $1; pa. 75c. ..."
3. A Treatise on the Law of Damages: Embracing an Elementary Exposition of the by Jabez Gridley Sutherland, John R. Berryman (1893)
"Every short sale is made by the seller with the contemplation of covering it by
... When [44] the broker has made the short sale, delivered the stock to the ..."
4. Massachusetts Reports: Cases Argued and Determined in the Supreme Judicial by Massachusetts Supreme Judicial Court (1916)
"From this testimony the jury were warranted in finding that the customary way of
executing an order for a short sale is for the broker making the short sale ..."
5. General Explanation of Tax Legislation Enacted in 1998: Report of the Joint edited by William Roth, Bill Archer (2000)
"In applying section 1233(d) where, on the date of the short sale, the substantially
identical property has been held more than 18 months, any loss on the ..."
6. Massachusetts Reports: Cases Argued and Determined in the Supreme Judicial by Massachusetts Supreme Judicial Court (1917)
"A short sale was defined by one of the defendants as " a sale of stock where the
... I should say that a short sale is recognized by brokers as a sale of a ..."