Source of funds seller

Source of funds seller

Customer seller of stock for the purpose of raising cash for other purchases. Such a seller will sell only at advantageous prices, and not aggressively.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Source of Funds Seller

A person selling a security to raise money for another purpose, usually not related to investment. For example, a source of funds seller may sell some shares of stock to acquire the funds for an engagement ring. A source of funds seller is not aggressive and usually waits for an advantageous price before selling.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved