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Short selling is the practice of borrowing shares and then selling them.
"The practice of borrowing to balance the state budget is unconstitutional and should not occur," said Senator Leonard Lance, the Senate minority leader.
In the Baroque era the practice of borrowing music from one opera and fitting it with new words for another drama was commonplace.
Short-selling — the practice of borrowing shares and selling them, hoping to buy them back later after the price declines — has long aroused criticism, particularly when markets are volatile.
(The business is a firm of solicitors, which translates, practically speaking, to personal bankers or brokers.) Coolly explaining to his perturbed son the practice of borrowing from one client's account to pay dividends due to another, he sighs, "Oh, why is it so hard for a man to see clearly beyond the letter of the law!" It is not so hard, if such double vision serves a man's personal interest.
"We're going out and getting a payday loan, so that everything from now to the end of this year will seem like it's okay," he said, referring to the practice of borrowing for today's expenses from your next paycheck.
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Along with this practice of borrowing at a Federal Reserve bank has developed the market for "federal funds".
TWO months ago, when a sudden burst of volatility broke over the world's financial markets, concern focused on the "carry trade"—the apparently widespread practice of borrowing yen at dirt-cheap interest rates in order to buy higher-yielding assets in America, Australia or even Iceland.
In a letter sent to Mayor Philip A. Amicone on Monday, Mr. Hevesi outlined six principal concerns with Yonkers's budget, including the city's use of its fund balance to pay for operating expenses and its practice of borrowing to help balance the budget.
After the 1987 stock market crash, he took to short-selling, the practice of selling borrowed shares in the hope that the stock's price would decline before the shares had to be returned to the lender.
IN 2007 America's Securities and Exchange Commission SECC) decided that it no longer needed to restrict short-selling the practice of borrowing short-selling theg them in the hopracticeying them back later at a lofer price, thereborrowinging from a fall in their price.
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