(FINANCE) when a trader in a short position is wrong about the price movement, and is consequently forced to buy the asset at the higher price in order to meet legal obligations.
The classic example of this is the broker who sells stocks he does not own, in the expectation that he can buy the stock in the future at a lower price for delivery. If the price goes up instead of down, the broker must "cover his shorts," and very possibly drive prices higher still.
The classic example of this is the broker who sells stocks he does not own, in the expectation that he can buy the stock in the future at a lower price for delivery. If the price goes up instead of down, the broker must "cover his shorts," and very possibly drive prices higher still.
When Morgan was ready to squeeze the shorts, he was damn certain his corner would hold as the Twombly men scrambled to buy shares at any price.
"I've got your short cover right here, Gentlemen," he snorted from his seat overlooking the trading pit.
"I've got your short cover right here, Gentlemen," he snorted from his seat overlooking the trading pit.
by Abu Yahya April 15, 2010
Get the short cover mug.A cigarette to be smoked immediately after smoking cannabis, to cover up the smell of weed with good old legal tobacco.
After Josh and I hotboxed his room, we lit some cover sticks so his mom wouldn't know we smoked weed in there
by Primo Jonez August 28, 2007
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• Te Quiero cojer
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Subtle or open accusation of racism in order to manipulate or motivate a person to prove they are not a racist.
The political candidate used racial coercion to influence the audience by saying that people would not vote for him because he did not look like previous candidates.
by Tell-the-Truth October 18, 2008
Get the racial coercion mug.Fred always found it intensely embarrasing when his mum sent him down to the shops for man-hole covers.
by Jim November 20, 2003
Get the Man-hole Cover mug.When Jim Bob dropped the soap in the shower he did not have to worry because he was wearing his manhole cover.
by Jack December 30, 2003
Get the manhole cover mug.A cover version of a cover version. When song C is clearly an uninspired version of song B which may or may not be an unspired version of song A.
In some people's book, a sin.
In some people's book, a sin.
A: "Dude, your playlist is entirely made up of lame ass cover-covers of that old Tears for Fears song. Are you trying for emo kid of the year or what?"
B: "What are you talking about?!? Donnie Darko is awesome!"
B: "What are you talking about?!? Donnie Darko is awesome!"
by canonlibel February 22, 2010
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