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Is this a transaction between the mortgagor and the mortgagee, or is this term also used in finance when selling or buying stock. In finance - selling "short" is an options phenomena, but it...

I had a new faucet installed by a professional plumber and he made mention of these terms. The house is 28 yrs old and all the plumbing is original. Are there new standards, equipment in plumbing for...