ghost stock
Ghost Stock
A stock that is sold short when the short seller has not actually borrowed it. As a result, the ghost stock cannot be delivered to the buyer. It should not be confused with ghosting.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
ghost stock
Stock that has been sold short but that has not been borrowed and therefore cannot be delivered to the buyer.
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.