selling against the box

selling against the box
See sale against the box.

Ballentine's law dictionary. . 1998.

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  • Short Sell Against the Box — The act of short selling securities that you already own. This results in a neutral position where your gains in a stock are equal to the losses. For example, if you own 100 shares of ABC and you tell your broker to sell short 100 shares of ABC,… …   Investment dictionary

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