Meaning of selldown | Babel Free
Definitions
The selling of sufficient shares to significantly reduce their price.
Australia
Examples
“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.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.