Definition of "short sale" []

• The sale of a security that one does not own but has borrowed in anticipation of making a profit by paying for it after its price has fallen. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.