Meaning of the word shorting in English

What does shorting mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

shorting

US /ˈʃɔːrtɪŋ/
UK /ˈʃɔːtɪŋ/

Noun

the action or practice of selling something, especially securities or commodities, that one does not own, with the intention of buying it back later at a lower price to make a profit

Example:
He made a fortune by shorting the stock before the market crash.
Shorting can be a risky strategy, but it can also yield high returns.