account (see ACCOUNT) in order to allow the seller to defer the delivery of the stock. The seller, having sold for delivery on a certain date, stocks or shares which probably he does not possess, in the
that he may be able, before the day fixed for delivery, to buy them at a cheaper price and so earn a profit, finds on settling-day that the prices have not gone down according to his expectation, and therefore pays the purchaser an agreed amount of
JCSM was founded in 1997 and exists to help the community and bring people into a life-changing and productive
relationship with
Jesus Christ. JCSM offers over 200,000 free web pages, including
its
weekly inspirational emails
that were sent continuously for over a decade.
Jesus Christ
Saves Ministries
P.O. Box 9297 San Diego, CA 92169 1-888-887-0417 or
Email