selling out

selling out
The selling of securities, commodities, etc. , by a broker because the original buyer is unable to pay for them. This invariably happens after a fall in market price (the buyer would take them up and sell them at a profit if the market had risen). The broker sells them at the best price available and the original buyer is responsible for any difference between the price realized and the original selling price, plus the costs of selling out. Compare buying in

Big dictionary of business and management. 2014.

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