short position

noun Finance.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Therefore for every short position there is a corresponding long position, and
  the market's net bet on the corporation is zero.
As the share price moves up and down, the fund adjusts its short position, a
  tactic known as delta hedging.
Convertible arbitrage consists of a long position in the bond and a short
  position in the shares.
The fundamentals and the short position will result in an explosion in due
  course, all by themselves.
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