Definition of Corner

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TeachMeFinance.com - explain Corner




historic definition...

Corner -- A corner in a stock is created by the purchase of all the floating or purchasable stock of a company, after which the price of it can be advanced at will. Speculators who are short of the stock and are unable to buy or borrow to make delivery to buyers or to return stock which they have borrowed are in speculative parlance squeezed. They must settle with buyers as best they can. Similar operations are conducted in grain, cotton, coffee and other speculative commodities.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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