by selling out or buying in against the defaulting party
French translation: en vendant...
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06:59 Sep 27, 2000
English to French translations [PRO] Bus/Financial - Law: Contract(s)
English term or phrase:by selling out or buying in against the defaulting party
Upon the happening of an event of default, anu Ring Dealing Member (adhérent à la corbeille ??) or Associate Broker Member who has open with the defaulting party any Client COntract shall have the right to close the same "BY SELLING OUT OR BUYING IN AGAINST THE DEFAULTING PARTY AT THE PREVAILING MARKET PRICE"