short sale
A 'short sale' can refer to specific transactions in both real estate and financial markets, often involving selling assets for less than owed or owned.
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Definition
B2Real Estate
(technical)A property transaction where the lender accepts a sale amount less than the outstanding mortgage to avoid foreclosure.
Example
- The homeowner opted for a short sale to prevent foreclosure and settle the mortgage debt.
C1Finance
(technical, investing)A financial strategy where an investor borrows and sells an asset, planning to buy it back later at a lower price for profit.
Example
- He executed a short sale on the stock, hoping its price would drop soon.
Similar
Terms that have similar or relatively close meanings to "short sale":
short sellingsell downsale pricesell awaygo shortsell sideon sale