Source of funds seller

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Source of funds seller

Customer seller of stock for the purpose of raising cash for other purchases. Such a seller will sell only at advantageous prices, and not aggressively.

Source of Funds Seller

A person selling a security to raise money for another purpose, usually not related to investment. For example, a source of funds seller may sell some shares of stock to acquire the funds for an engagement ring. A source of funds seller is not aggressive and usually waits for an advantageous price before selling.