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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

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References in classic literature ?
He was ambitious enough to be contented with nothing short of the highest rank of overseers, and persevering enough to reach the height of his ambition.
To go forward over a dangerous glacier under such conditions was little short of madness; but I could not have stopped going had I known positively that death lay two paces before my nose.
Themselves under fire, board directors have become increasingly impatient with CEOs who fall short of promised results, doubling the pressure on top executives to meet expectations.