selldown
See also: sell down
English
Alternative forms
Etymology
Deverbal from sell down.
Pronunciation
Audio (General Australian): (file)
Noun
selldown (plural selldowns)
- (Australia, economics) The selling of sufficient shares to significantly reduce their price.
- 2009 August 24, “Market takes a big leap forward”, in Herald Sun[1], archived from the original on 28 August 2009:
- Telstra Corporation was down 11 cents, or 3.17 per cent, at $3.36 continuing Friday's drop that followed a selldown by the Future Fund, the nation's sovereign wealth fund.