Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
The practice of lending securities from one broker to another to cover a customer's short sale when no interest is charged by the lending broker.
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.