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A short sale is when a mortgage lender agrees to allow a homeowner to sell their home for less than what they owe on the mortgage. A short sale can help you get out of an underwater situation, but ...
In finance, a locate is an approval from a broker that needs to be obtained prior to effecting a short sale in any equity security, i.e. to "locate" securities available for borrowing. The requirement, in the United States, to locate a stock before 'shorting' has existed for a long time. Regulation SHO was announced by the SEC in July 2004.
Placentia (/ p l ə ˈ s ɛ n ʃ ə /) is a city in northern Orange County, California, United States.Its population was 51,233 during the 2020 census, up from 46,488 in the 2000 census.
A naked short sale occurs when a security is sold short without borrowing the security within a set time (for example, three days in the US.) This means that the buyer of such a short is buying the short-seller's promise to deliver a share, rather than buying the share itself. The short-seller's promise is known as a hypothecated share.
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