sell the book

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Sell the book

Used for listed equity securities. Order to a broker by the holder of a large quantity of shares of a security to sell all that can be absorbed at the current bid price. The term derives from the specialist's book - the record of all the buy and sell orders members have placed in the stock one handles. In this scenario, the buyers potentially include those in the specialist's book, the specialist for its own account, and broker-dealers.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Sell the Book

An order to a broker to sell as much of a position as possible at the current, market price. That is, one sells the book when one wishes to close the position on the stated security. The term refers to the specialist's book on an exchange.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

sell the book

A customer order to a broker to sell as much of a security as possible at the current bid. Purchases also may be made by a specialist or other interested broker-dealers. The phrase derives from the book of existing orders that a specialist keeps.
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.
References in periodicals archive ?
12 ( ANI ): The Tehreek-i-Taliban Pakistan has reportedly warned that those who are found selling the book titled 'I am Malala', authored by Malala Yousufzai, who was shot by the Taliban, will face serious consequences.
The company is selling the book store as a condition of negotiations with its lenders, which put back financial tests from the end of April to the beginning of July as the company continued to struggle.
The site will then search all stores in the UK to find the shop selling the book for the cheapest price.
And Asda stores are still hoping to be selling the book despite a row with Harry Potter publishers Bloomsbury. is reportedly selling the book for USD18.89 in hardcover, a saving of 46%, and USD39.00 for the deluxe edition, a saving of 40%.
Matthew, a third year pupil at Auchmuty High in Glenrothes, Fife, said: "Most of the money from selling the book will go to my university fund, because I know it costs a lot of money.
According to The Daily Telegraph, Tesco has said that it was not selling the book until Monday.
Wal-Mart, which is still selling the book online, said that the company felt the book would not appeal to a majority of its customers.
The publisher Haynes, better known as a publisher of car manuals, began selling the book on 11 June 2003 and said that for every copy of the book priced at GBP12.99 sold, gbp0.50 will be donated to Great Ormond Street Hospital Children's Charity.
During questioning, police claimed that the suspects had allegedly confessed to selling the books in the Alipur Farash market for a whopping Rs13,770.
Two book sellers were booked for selling the books that are freely provided by the Punjab government for students.
"Then in April 2010 I started selling used books that friends, their friends and some lovely people in Dubai had given to me and the money raised from selling the books helped me buy more items for the packs." The gesture is intended to aid the lifestyle of workers in the construction, and other industries, and it is geared towards religious festivities such as Eid, Christmas and Diwali.