sellout


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Sellout

A broker's sale of securities on behalf of a client when the client has failed to settle transactions as promised. A common cause of a sellout is a client's failure to meet a margin call.

sellout

The distribution of all the securities in a new issue by the selling group.
References in periodicals archive ?
The Sellout isn't the first time one of Beatty's everything men has tried to reassemble a bygone symbol of oppression.
There are also 22 models of individual team Sellout Rate.
When Viewstar Corporation, one of our sample sellouts, decided to forgo an IPO in lieu of a sellout, the firm issued the following statement by Kamran Kheirolomoom, the president and CEO of Viewstar, illustrating a similar perspective: Although Viewstar had planned an IPO of Viewstar Common Stock and considered it an attractive opportunity for the Viewstar shareholders, the Viewstar Board of Directors has concluded that the anticipated benefits of the proposed merger with Digital will provide a better opportunity for the shareholders to realize the full value of their investment.
"It actually exceeds the demand we had last year (for Tyrone against Down) so we're fully expecting a sellout."
McCoist said: "A lot of the talk in the media last week was about SellOut Saturday.
Doesn't this mean that their jobs will in the long run be jeopardised by this sellout?
Nader's supporters (invariably described as "thoughtful") are set against a pitiful cast of sellouts, hacks, turncoats, and cowards, which constitutes more or less everyone else on the leftward side of the political universe.
A sellout event in January 1996 entitled "Meet the Chiefs of Public Construction" and nicknamed "Hail to the Commish," welcomed 22 senior representatives, including several commissioners and deputy commissioners from such agencies as the Port Authority of NY/NJ, NJ Transit, the New York City Department of Transportation, the New York City Department of Buildings, the New York City Department of Corrections, the School Construction Authority and New York State agencies.
With three weeks to go before the event, every hotel room in the city is now booked, the quickest sellout in the festival's history.
PUPILS at a school in Warwickshire enjoyed sellout success with the Alice Musical - a take on the classic Alice in Wonderland.