sellout

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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.
References in periodicals archive ?
It added : " It's unclear if preorders will sell out and what amounts of inventories AT&T and Microsoft have planned for forthcoming Windows Phone 8 handsets, including the Lumia 820, Lumia 920, and the HTC 8X."