Definition of Line of stocks

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TeachMeFinance.com - explain Line of stocks




historic definition...

Line of stocks -- Line of stocks (or of grain, cotton, coffee, etc). A speculator is said to have a line of stocks when he is long or short of several stocks ; the term line more particularly applies when the stocks have been bought or sold short systematically, as on a scale (see On a scale) ; or in anticipation of an advance or decline in which all will participate simultaneously. Likewise, a speculator is said to have a line of grain or of cotton, coffee, etc., when he has bought or sold for future delivery in various months and at varying prices.



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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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