short covering

short covering
purchases that close out short sales on stocks or commodities.

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Universalium. 2010.

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  • short covering — The purchasing of goods that have been sold short (see short position) so that the open position is closed. The dealer in commodities, securities, or foreign exchanges, hopes to cover the shorts at below the price at which they were sold in order …   Big dictionary of business and management

  • short covering — noun the purchase of securities or commodities by a short seller to close out a short sale • Hypernyms: ↑trading …   Useful english dictionary

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  • short covering — /ˈʃɔt kʌvərɪŋ/ (say shawt kuvuhring) noun purchases made to provide for sales already made without possessing the commodities or stocks sold …  

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