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Buy to cover
A buy order related to short selling. When one sells stocks one has borrowed, this is an order to purchase an equal amount of shares which "covers" the sale.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Securities brokerage
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
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