GOING SHORT
\ɡˌə͡ʊɪŋ ʃˈɔːt], \ɡˌəʊɪŋ ʃˈɔːt], \ɡ_ˌəʊ_ɪ_ŋ ʃ_ˈɔː_t]\
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When a trader believes the price of a share, bond, or commodity will lower in the near future, that trader can sell a share, bond, or commodity before actually buying it. On the date of its delivery to the buyer the trader will profit or loose based on the price the trader pays for the item to cover what was sold. See also going long.
By Henry Campbell Black
Word of the day
hydromorphic
- [Greek] Structurally adapted to an aquatic environment, as organs of water plants.