What does “fails-to-deliver” mean when shorting a stock? For some reason I don’t understand this term.

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What does “fails-to-deliver” mean when shorting a stock? For some reason I don’t understand this term.

In: Economics

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Anonymous 0 Comments

Say you order a pizza. *its pizza time* I show up 30 minutes late and without your pizza. I’ve already accepted your money via online payment. I do not have your pizza. I do not have your extra large diet dr kelp drink. I failed to deliver what you paid for.