Used to reduce risks of a declining investment portfolio; involves short sale of a security or a sale of interest rate futures contract.
Related information about substitute sale:
- Substitute Sale - Financial Dictionary - The Free Dictionary
A method for hedging price risk that uses debt market instruments, such as interest rate futures, or that involves selling borrowed securities as the primary assets.
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- What is substitute sale? definition and meaning
Definition of substitute sale: Used to reduce risks of a declining investment portfolio; involves short sale of a security or a sale of interest rate futures contract.
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