NAKED SHORTSELLING
naked short-selling: translation
naked short-sellingUKUSnoun[U] (alsonaked shorting)FINANCE,STOCK MARKET
►a form ofshort-sellingwithout first borrowing anysecurityor making sure it can be borrowed, sometimes with the result that the seller never owns the shares, bonds, etc. that the sale is based on. Naked short-selling is often used as a way of bringing down share prices, and is illegal in some countries.
→See alsoSHORT SELLING(Cf. ↑short selling)