against the box

Against the box

Against the Box

Describing the action of short selling a security one owns. When one sells against the box, gains and losses are equalized by the long position on a security combined with the short position created by the short sale. One formerly sold against the box generally in order to be able to claim profits on the sale in the following tax year, but the Taxpayer Relief Act of 1997 largely removed this loophole.

against the box

References in periodicals archive ?
I just let one corner slip out of my hand so that one side struck against the box.
The firecracker can be lit by merely scratching the gunpowderladen stick against the box it comes in.
While some actors and producers chose to remain silent on the report, perfectionist Aamir Khan has come out and raised his voice against the box office collections.
Trace the top of the buzzer against the box lid and have someone help you cut out the rectangle with a craft knife.
Hold the coil against the box to gauge where to cut it to span the gap between the box and the surface of the wall.
When held up against the box office trends of other long-running shows in their first 15 years, the steep upward curve of the latter frames of "Lion King" stands out.
Then, measure the paper against the box and cut it to size.
Pressing my face against the box, I look through the small vent.
Not that you will hear a word against the box from me.
And, others told me they felt the stress of the female pressing against the box.
At one point he pressed his face up against the box they sat in.
But few are betting against the box office potential of the latest Bond entry, which is expected to at least equal the heroic performances of the three most recent Bond films, each of which has earned in excess of $300 million worldwide.