short sale
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English
[edit]Noun
[edit]short sale (plural short sales)
- (real estate) A property sale negotiated with a mortgage company in which a lender takes less than the total amount due.
- (investments) 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.
- (economics) 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.
Synonyms
[edit]Related terms
[edit]Translations
[edit]property sale negotiated with a mortgage company in which a lender takes less than the total amount due
sale of a security that one does not own, delivery obligation met by borrowing the security from another owner — see short selling