selldown

See also: sell down

English

Etymology

sell +‎ down

Noun

selldown (plural selldowns)

  1. (Australia, economics) The selling of sufficient shares to significantly reduce their price
    • 2009 August 24, “Market takes a big leap forward”, in Herald Sun‎:
      Telstra Corporation was down 11 cents, or 3.17 per cent, at $3.36 continuing Friday's drop that followed a selldown by the Future Fund, the nation's sovereign wealth fund.
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