Leerverkauf

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German

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Etymology

From leer (empty) +‎ Verkauf (sale).

Pronunciation

  • Audio:(file)
  • Rhymes: -aʊ̯f

Noun

Leerverkauf m (strong, genitive Leerverkaufes or Leerverkaufs, plural Leerverkäufe)

  1. (finance) short sale
    Synonym: Blankoverkauf
    • 2010, Der Spiegel, number 25/2010, page 80:
      Ein Verbot sollte es nach Ansicht vieler Ökonomen auch für die sogenannten Leerverkäufe geben. Banken verkaufen dabei Aktien oder Währungen, die sie noch gar nicht besitzen oder allenfalls geliehen haben.
      In the opinion of many economists there should also exist a prohibition for the so-called short sales. In these banks sell shares or currencies that they do not own at all yet or have borrowed at best.

Further reading