Hello, you have come here looking for the meaning of the word
sell against the box. In DICTIOUS you will not only get to know all the dictionary meanings for the word
sell against the box, but we will also tell you about its etymology, its characteristics and you will know how to say
sell against the box in singular and plural. Everything you need to know about the word
sell against the box you have here. The definition of the word
sell against the box will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
sell against the box, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Verb
sell against the box
- (finance) To sell stock that one owns, but deliver stock acquired elsewhere, so that one is effectively selling short and protecting oneself from a fall in the stock.
1932, United States. Congress. Senate. Committee on Banking and Currency, Stock Exchange Practices: Hearings Before the Committee, page 332:Mr. ROCKEFELLER. The large holdings I think I sold back in 1925 or 1926.
Mr. Gray. Did you sell against the box then?