Short Sale

Short sale may refer to:

  • Short (finance), the practice of selling securities or other financial instruments, with the intention of subsequently repurchasing them at a lower price
  • Short sale (real estate), a sale of real estate in which the proceeds from selling the property is less than the amount owed

Famous quotes containing the words short and/or sale:

    Give a scientist a problem and he will probably provide a solution; historians and sociologists, by contrast, can offer only opinions. Ask a dozen chemists the composition of an organic compound such as methane, and within a short time all twelve will have come up with the same solution of CH4. Ask, however, a dozen economists or sociologists to provide policies to reduce unemployment or the level of crime and twelve widely differing opinions are likely to be offered.
    Derek Gjertsen, British scientist, author. Science and Philosophy: Past and Present, ch. 3, Penguin (1989)

    People buy their necessities in shops and have to pay dearly for them because they have to assist in paying for what is also on sale there but only rarely finds purchasers: the luxury and amusement goods. So it is that luxury continually imposes a tax on the simple people who have to do without it.
    Friedrich Nietzsche (1844–1900)