TECHNICALITIES IN BRIEF.

A BULL is one who buys stocks on speculation, thinking they will rise,

so that he can sell at a profit.

A BEAR is one who sells stocks on speculation, thinking they will fall,

so that he can buy in for less money to fill his contracts.

A CORNER is when the bears can not buy or borrow the stock to deliver in

fulfillment of their contracts.

A DEPOSIT is earnest-money, lodged in the hands of a third party, as a

guaranty; "5 up," "10 up," etc., is the language expressive of a

deposit.

OVERLOADED is when the bulls can not pay for the stocks they have

purchased.

SHORT is when a person or party sells stocks when they have none, and

expect to buy or borrow them in time to deliver.

LONG is when a person or party has a plentiful supply of stocks.

A FLYER is to buy some stock with a view to selling it in a few days,

and either make or lose, as luck will have it.

A WASH is a pretended sale, by special agreement between the seller and

buyer, for the purpose of getting a quotation reported.

Vocabulum; or The Rogue's Lexicon Compiled from the Most Authentic Sources · 第 47 / 57 题