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

going short  

Definition 1.

Taking a short position. opposite of going long.
 

Definition 2.

Selling stock that an investor does not own by borrowing shares from a broker. The assumption is that the price will fall. The investor then buys (covers the short) the shares at a lower price than what they were sold for, recognizing the difference as a profit. Antithesis of going long.
 
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