short sale
noun[C]
ukusSTOCK MARKET
anoccasionwhen someonesellssharesthat they haveborrowedhopingthattheirpricewillfallbefore they have toreplacethem so that they make aprofit:
The Fund may makeshortsalesin anattempttoprotectagainstmarketdeclines.
PROPERTY
anoccasionwhen ahouseissoldfor less than thevalueofitsmortgage:
Ahomeownerinvolvedin ashortsalewillseean 80- to 100-pointdropon his or hercreditscore.