Short sale

Short sale means any sale of a security which the seller does not own or any sale which is consummated by the delivery of a security borrowed by, or for the account of, the seller.

Source

12 CFR § 252.71

Scoping language

Unless defined in this section, terms that are set forth in 252.2 of this part and used in this subpart have the definitions assigned in 252.2. For purposes of this subpart: