short sale

short sale (plural short sales)

  1. (real estate) A property sale negotiated with a mortgage company in which a lender takes less than the total amount due.
  2. (investments) A sale of a security that one does not own, delivery obligation met by borrowing the security from another owner (usually in the hope that the price will decrease before the loan must be repaid).
  3. (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.
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