short sale Meaning in the Cambridge English Dictionary
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Meaning of “short sale” in the English Dictionary

"short sale" in Business English

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short salenoun [C]

uk   us  
STOCK MARKET an occasion when someone ​sellsshares that they have ​borrowed hoping that their ​price will ​fall before they have to ​replace them so that they make a ​profit: The Fund may make ​shortsales in an attempt to ​protect against ​marketdeclines.
PROPERTY an occasion when a ​house is ​sold for less than the ​value of its mortgage: A ​homeowner involved in a ​shortsale will see an 80- to 100-point ​drop on his or her ​credit score.
(Definition of short sale from the Cambridge Business English Dictionary © Cambridge University Press)
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