Short

One who has sold a contract to establish a market position and who has not yet closed out this position through an offsetting purchase; the opposite of a long position. Related: Long.

Short Position

The sale of a security or derivative, or the state of having sold one or the other. It is important to note that a short position is not closed, and is applied only to sales where further action may be required. For example, one who has borrowed securities and has then sold them is said to be have a short position with respect to that security, because he/she must eventually return an equivalent amount of the borrowed securities. Likewise, one who has sold (or written) an option is in a short position, because the option may be exercised at a later date. See also: Long position, Close a position.

short

See short position, PROBLEM">[removed].

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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References in periodicals archive

It undertook a series of short-range missile launches earlier this month as the joint exercises, which North Korea views as a threat to its security, started.

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The move comes a day after firing three short-range guided missiles off the Korean Peninsula's east coast.

N. Korea fires short-range missile: Yonhap

North Korea routinely test-launches short-range missiles.

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On Saturday the communist state fired three short-range missiles off the east coast, apparently as part of a military drill, at a time when cross-border tensions remain high.

N. Korea test-fires another short-range missile - official

Pakistan last April successfully test-fired another short-range surface-to-surface nuclear capable missile.

Pakistan test-fires n-capable missile

Authorisation to use the 24 GHz radio frequency band for short-range anti-collision radars in cars has been extended until 2018 by a European Commission decision taken on 29 July.

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