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LSDefine

Simple English definitions for legal terms

short

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A quick definition of short:

Short means that someone is selling something they don't actually own, hoping that the price will go down so they can buy it back at a lower price and make a profit. It's the opposite of long, which means buying something with the hope that the price will go up.

A more thorough explanation:

Definition: Short is an adjective used in finance to describe a situation where a trader sells a security or commodity that they do not currently own, in the hope that the price will fall. This is known as a short sale.

Example 1: A trader believes that the price of Company X's stock is going to decrease, so they sell the stock without actually owning it. This is a short sale.

Example 2: An investor sells a futures contract for gold, even though they do not currently own any gold. This is also a short sale.

Both examples illustrate the definition of short, as they involve selling something that the trader or investor does not currently own. This is done in the hope of making a profit if the price of the security or commodity falls.

shore | short-cause calendar

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babycat
16:13
@shaquilleoatmeal: yeah but then you have to go to Boston :(
shaquilleoatmeal
16:14
uva too
shaquilleoatmeal
16:14
whats wrong w boston ;(
GOT PROMOTED YAY how do i tell law schools abt this?
like do i type up and separate doc and send as an attachment? how much do i write?
shaquilleoatmeal
16:15
@jackfrost11770: LFGGGG
TYYYYYY
shaquilleoatmeal
16:16
do any of your schools have updated sections in the portal? If so, i'd upload there, if not email. Small paragraph should do it id think
1a2b3c4d26z
16:16
Who wanna play some operation metro later on
1a2b3c4d26z
16:16
Congrats jack!
thank you!!
babycat
16:16
@jackfrost11770: personally I would submit an updated resume reflecting the new position instead of a paragraph but idk what SOP is
getting a bacon egg and cheese in celebration
1a2b3c4d26z
16:18
lfg baby you earned that
babycat
16:20
also congrats!! big win
initiallaw
16:23
congrats!!
:D
the big W is that i get reimbursed for travel now thank GOD
jack moving up in the world :)
i have a brother named jack, so whenever i see your name im marginally happier than normal
babycat
16:37
I'm guessing you don't have a sibling named babycat but I hope I still make you marginally happier than normal despite this
JumpySubsequentDolphin
16:38
maybe he has a babycat
babycat
16:38
I think everyone should have a babycat
JumpySubsequentDolphin
16:39
im allergic to baby cats >:(
JumpySubsequentDolphin
16:40
I used to have a babycat, I only got allergies after he died
JumpySubsequentDolphin
16:40
I think he’s haunting me
babycat
16:40
:(
babycat
16:40
that's too bad
babycat
16:40
you still have me though <3
@babycat: you make my day marginally happier with your scathing wit
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