Closing sale

Definition:

A transaction in which the seller's intention is to reduce or eliminate a long position in a stock, or a given series of options.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Product cycle theory

Theory suggesting that a firm initially establish itself locally and expand into foreign markets in response to foreign demand for its product; over time, the MNC will grow in foreign markets; after... Read More

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio