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The amount above UNITY of a debt service ratio.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Short Cover

The act of buying a security one has previously sold short in order to close a position. In order to make a profit on a short cover, one must buy the security at a price less than the price at which one sold it. It is also simply called a cover.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


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.


Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
The vertical apparently covers positions in Mar 38 puts opened Monday when 6.9K traded VWAP of 38.5c.
Shares off 30c to $43.46 and the vertical, which is tied on a 23 delta, probably covers positions opened last month, including a buyer of 60K of the same spread for 77c on 1/9 with shares $43 (verses the opening sale of 40K Feb 44 calls at $1.21, which have since expired).