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Against the box

The financial definition for Against the box:

See: Selling short against the box.




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Documents against payment

Documents against payment
Shipping documents that are released to the buyer once the buyer has paid for the draft.


Selling short against the box

Selling short against the box
Selling short stock that is actually owned by the seller but held in the box, meaning it is held in safekeeping. The seller borrows securities needed to cover as the stock in the box may be inaccessible, or the seller may not wish to disclose ownership.


Short against the box

Short against the box
A short sale of a stock is where the seller actually owns the stock, but does not want to close out the position.




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