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Short against the box
The financial definition for 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.
Similar MatchesAgainst the boxAgainst the box See: Selling short against the box.
Documents against paymentDocuments against payment Shipping documents that are released to the buyer once the buyer has
paid for the draft.
Selling short against the boxSelling 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.
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