selling out before a price drop; selling at the top of the market
Investment term for selling an asset, typically shares, before its price falls, locking in gains at a peak. Often used in the context of short-term trading or profit-taking.
He sold out before the stock price dropped.
Ideally, you want to sell at the top of the market.
Compound of 売り (uri, 'selling', from 売る uru) and 逃げ (nige, 'escape', from 逃げる nigeru). The term likely emerged in investment contexts to describe the act of selling before a downturn.