selldown
See also: sell down
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Noun
editselldown (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.