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TeachMeFinance.com - explain Evening up historic definition...
Evening up -- A stock market term, meaning the securing of
profit to offset a previous loss. Thus, a speculator who sustained
a loss in a stock of which he was short may turn about
and go long of the stock and make up his loss ; or a speculator who lost in one stock may make up his loss in another stock.
Also, in abitrage operations in stocks (see Arbitrage)
when a dealer buys more than he sells he subsequently sells
enough additional to make up the difference, thus equalizing
or evening up.
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