A short sale is the sale of a security the seller does not own. To deliver at settlement the seller borrows the security, and later buys it back to return it: it profits if the price has fallen.
Quantitative Finance · Glossaire
Quantitative Finance · Glossaire
A short sale is the sale of a security the seller does not own. To deliver at settlement the seller borrows the security, and later buys it back to return it: it profits if the price has fallen.