For Short Sale we have terms and definitions in 6 topics. The topics are Accounting, Accounting Terms, Finance, Foreclosure, Mortgage and Securities.

Short Sale (Accounting)

Sale of an item before it is purchased. A person entering into a short sale believes the price of the item will decline between the date of the short sale and the date he or she must purchase the item to deliver the item under the terms of the short sale.

Short Sale (Accounting Terms)

Sale of an item before it is purchased. A person entering into a short sale believes the price of the item will decline between the date of the short sale and the date he or she must purchase the item to deliver the item under the terms of the short sale.

Short Sale (Finance)

Selling a security that the seller does not own but is committed to repurchasing eventually. It is used to capitalize on an expected decline in the security's price.

Short Sale (Foreclosure)

The sale of a property under or at market value that's lower than the loan balance.

Short Sale (Mortgage)

An agreement between a mortgage borrower in distress and the lender that allows the borrower to sell the house and remit the proceeds to the lender. It is an alternative to foreclosure, or a deed in lieu of foreclosure. See Options When Equity in Your Home is Gone

Short Sale (Securities)

The sale of a borrowed security. If the seller can buy back the security at a lower price, he reaps a profit.

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