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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

zero-investment portfolio  

Definition 1.

A portfolio or part of a portfolio with zero (or nearly zero) net value, created by buying and shorting equal amounts of securities, usually for arbitrage reasons.
 

Definition 2.

A portfolio of zero net value established by buying and shorting component securities, usually in the context of an arbitrage strategy.
 
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