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

Force Majeure

Events outside the control of the parties. These events are acts of man, nature, governments and regulators, or impersonal events. Contract performance is forgiven or extended by the period of force... Read More

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


Create your free portfolio