ADI on the back burner, page-101

Thank you for your considered answer. My response A4paper was to answer in his Post #: 53942751 where he asked " if a person is short.... so they have already sold the shares and are waiting to buy back......." , are they a "holder" or a "non holder"........

My answer was that the person (the shorter) is a "non holder" because the shorter never owns the stock.

I did think that the shorter and the borrower were one and the same, however. So is it correct to say then that the shorter just sells the stock under a legal arrangement with the borrower and never borrows the stock in his/her own right?