Sold away

Sold away

Refers to over-the-counter trading. Having sold stock to another dealer before making the present offering.

Selling Away

1. The act of a broker seeking to sell a client a security not offered by the brokerage. This is usually part of a private placement. Except in limited circumstances, selling away is illegal.

2. The act of a broker selling a client's security without the client's authorization.
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References in classic literature ?
In the old-days the city of Priam was famous the whole world over for its wealth of gold and bronze, but our treasures are wasted out of our houses, and much goods have been sold away to Phrygia and fair Meonia, for the hand of Jove has been laid heavily upon us.
But it's not good for a woman to be situated as I was; friendless and alone, with her things that she took a pride in sold away from her, and with nothing to look forward to in her life to come.
I'd ha' gev three times the money if they'll make up to you a bit for them as was sold away from you, Miss.
Of very low intelligence, Boxer works tirelessly with naive belief in Napoleon until he is eventually sold away to his death when he becomes old and sick and is no longer of value to Napoleon's regime.
Mothers were frequently, and without warning, sold away from children and vice versa.
But I could see he was longing to break free to gallop over the fields where he grew up as a foal way back, before he was trained as a farm horse, before he was sold away to the army in 1914 as a cavalry horse, a War Horse.
Alma, a rebellious 20 year old girl whose wild nature nurtures a softer side for her mute grandfather, Ramon, who suffers depression from the loss of his family's Olive Tree, after it was sold away by Alma's father.
He also sold away some of the fighting cocks, the others he transferred to another location,' Ablao said.
Syed Ali Gilani deplored that puppet Chief Minister Mehbooba Mufti and her party PDP had sold away everything that belonged to Kashmir and the Kashmiri people including their identity.
In order to prevent situations where land would be bought at very low prices only to be sold away shortly after, it is proposed to shorten the terms for taking out building permits and starting construction, to expand the term for investment maintenance and to tighten sanctions for breaching contracts.
Now he is yet to pay 600,000 South Sudanese pounds, even after he sold away some of his assets, including houses here in Aweil to repay the money.
This year, foreign investors sold away Turkish bonds with a value of $4.