OVERSOLD

Etymology

Adjective

oversold (not comparable)

(finance) In a stock or commodity market condition where there has been significant trading driving prices down to lower levels, levels which seem overextended or excessive on a short-term basis.

Usage notes

The term can be applied subjectively, or in technical analysis there are various different indicators which technical analysts may use for (more or less) objective identification of oversold conditions.

Antonyms

• overbought

Source: Wiktionary


OVERSELL

O`ver*sell`, v. t. [imp. & p. p. Oversold; p. pr. & vb. n. Overselling. ]

1. To sell for a higher price than; to exceed in selling price. One whose beauty Would oversell all Italy. Beau. & Fl.

2. To sell beyond means of delivery. [Brokers'Cant] Oversold market (Brokers' Cant), a market in which stocks or commodities have been sold "short" to such an extent that it is difficult to obtain them for delivery.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

24 January 2025

AGITATION

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Coffee Trivia

Contrary to popular belief, coffee beans are not technically beans. They are referred to as such because of their resemblance to legumes. A coffee bean is a seed of the Coffea plant and the source for coffee. It is the pit inside the red or purple fruit, often referred to as a cherry. Just like ordinary cherries, the coffee fruit is also a so-called stone fruit.

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