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LSDefine

Simple English definitions for legal terms

sale short

Read a random definition: writ of proclamation

A quick definition of sale short:

Sale is when someone gives something to another person in exchange for money. It can be a physical object or a title to something. There are different types of sales, like when someone buys something with cash or credit, or when someone sells something they don't actually own yet. Sometimes sales can be tricky and not fair, like when someone tries to cheat others by pretending to sell something but not really giving it away.

A more thorough explanation:

Definition: A sale of a security that the seller does not own or has not contracted for at the time of sale, and that the seller must borrow to make delivery. Such a sale is usually made when the seller expects the security's price to drop. If the price does drop, the seller can make a profit on the difference between the price of the shares sold and the lower price of the shares bought to pay back the borrowed shares.

Example: John believes that the stock of XYZ company will decrease in value. He decides to sell short 100 shares of XYZ company at $50 per share. John does not own the shares, so he borrows them from his broker and sells them in the market. If the price of the shares drops to $40 per share, John can buy 100 shares at $40 to pay back the borrowed shares, making a profit of $1,000 ($50 - $40 = $10 profit per share x 100 shares).

This example illustrates how a short sale works. John sells shares he does not own, hoping to buy them back at a lower price to make a profit. Short selling can be risky because if the price of the shares increases instead of decreasing, the seller will have to buy them back at a higher price, resulting in a loss.

sales finance company | sales in gross

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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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