TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

vendre à découvert [1 record]

Record 1 1999-10-29

English

Subject field(s)
  • Stock Exchange
CONT

There is nothing mysterious about selling short. I simply put in an order to my broker in which I agree, in return for a certain price now, to deliver at some later date an amount of grain. Usually, at the time of putting in the order, I do not have the grain on hand. But I can legally fulfil my contract by later "covering", i.e. buying the grain and making delivery.

French

Domaine(s)
  • Bourse
DEF

Vendre, à un prix déterminé, des marchandises, des titres ou autres instruments financiers que l'on ne possède pas au moment de la conclusion du marché, avec l'espoir de les acheter à prix moindre lorsque la baisse des prix que l'on prévoit se produira. Entre-temps, on dit du vendeur qu'il est dans une position non couverte en ce qui a trait aux marchandises, aux titres ou autres instruments financiers qu'il est tenu de livrer au prix fixé.

Spanish

Campo(s) temático(s)
  • Bolsa de valores
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