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Substitute Sale |
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Substitute sale A method for hedging price risk that uses debt market instruments, such as interest rate futures, or that involves selling borrowed securities as the primary assets. Substitute Sale A sale of an interest rate futures contract or the short sale of a security. Substitute sales exist to hedge the risk that one's portfolio will decline in price. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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