| 单词 | corner |
| 释义 | corner also corner a market To create a situation in a speculative market where other people have between them contracted to deliver more of a good or security than is available. However high a price has to be agreed to obtain such contracts, the holder can make a large profit by forcing the counter-parties who cannot deliver to pay to be released from their contracts. A corner can only be made in a speculative market, since it relies on other people promising to sell goods or securities they do not actually possess. Attempts to create a corner usually fail, because a high price brings in supplies from unexpected sources. |
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