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Sellout

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Wikipedia 0.01 sec.
Sellout
A broker's sale of securities on behalf of a client when the client has failed to settle transactions as promised. A common cause of a sellout is a client's failure to meet a margin call.

sellout
The distribution of all the securities in a new issue by the selling group.


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The pair fought after Liam smashed Noel's guitar and the band pulled the plug on a 40,000 sellout gig last night one minute before they were due on stage.
Patrick Blakely has organised performances by Linthwaite-based rock group The Sellouts which have attracted up to 120 people to Wellhouse Village Hall.
As her April 29 show at the arena is a sellout, she has included Liverpool on the list of new autumn dates.
 
 
 
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