borrowed stock

In a regular short sale, a trader sells borrowed stock in hopes that it drops and can be bought at a lower price.

在正常的卖空交易中，交易员出售借入的股票，希望其价格下跌，再以更低的价格重新买入。

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This person sells "borrowed" stock, in hope of replacing it later with stock bought on the open market at a lower price.

他出售借来的股票，想在股票价格下跌之后再在市场上买回来。

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Corporate executives have borrowed against their stock holdings for years using such loans.

公司高管们通过这类贷款用所持股票作抵押借取资金已经有好些年了。

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If a trader has borrowed a stock that is subsequently halted, he cannot complete the trade.

如果交易员借入了一只随后被停牌的股票，他就不可能完成交易。

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The balance is borrowed at interest from the brokerage house and the stock certificates are deposited with the broker as security.

其余的钱以一定的利息从经纪人事务所那里借贷，同时把股票认购证存放在经纪人手里作为抵押。

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This in turn led many investors to apply insights borrowed from the Capital Asset Pricing Model, which views returns on a stock as coming from two components: the direction of the market as a whole ( beta), and factors unique to that stock ( alpha).

这进而使得许多投资者用起了资本资产定价模型（Capital Asset Pricing Model）的观点，这种观点认为股票的回报来自两部分：总体市场的方向（贝塔），以及某只股票的特殊因素（阿尔法）。

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Short-selling is a trading strategy of selling borrowed stock in hopes it falls and can be repurchased at a lower price.

卖空是一种出售借入的股票、以期将来能以较低价格重新买入的交易策略。

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Off-market deals since the suspension are mostly being struck between passive investors such as tracker funds, and hedge funds who had borrowed the stock to short it and must buy it back to cover the loans.

停牌以来的场外交易大多是在被动投资者（如指数基金）与对冲基金（它们此前借入该股进行卖空操作，现在必须买回股票归还）之间达成的。

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Short selling is selling borrowed stock in the expectation of buying it back later at a lower price, and keeping the difference.

卖空是出售借来股票，期望随后以更低价格购回，从而获取差价。

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Hong Kong permits "covered" short selling, which requires the seller to have borrowed the stock or to have obtained a confirmation that the lender has the stock available at the time of sale.

香港允许“有担保的”卖空交易即要求卖家已借入股票，或已获得确认，证明出借人在卖出时有股票。

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