close a position

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Close a position

In the context of general equities, eliminate an investment from one's portfolio, by either selling a long position or covering a short position.

Close a Position

To end an investment; to change from a long position to a short position or vice versa. A long position is ownership of a security or option, while a short position is debt. Thus, to close a long position is to sell a security or option and to close a short position is to buy out the debt.

close a position

To eliminate an investment position. The most common way to close a position is to sell a security that is owned. An investor might also close a position by purchasing stock to replace shares borrowed for a short sale.
References in periodicals archive ?
Wimbledon will not put a figure on the cost of the new retractable roof, which was unveiled in a closed position for the first time, revealing a surprisingly light, plush and airy arena, even if the white metal trusses and the fabric concertina do not exactly conform to tradition.
However, because the artwork is wrong, some users have mistakenly placed the valve in the closed position, damaging the boom winch.
The patented stainless steel made CL15T-xTrap cable lock is made for use in open and closed positions
Supply of medical devices - aneurysmal clips in closed position for the University Hospital Queen Giovanna - ISUL EAD according to technical specification.
With the switch in the closed position the headset reduces ambient background noise by 21dB.
Safety interlocks prevent the machine from operating unless the gates are in the closed position and the knife cannot be activated without placing both hands on the dual push buttons.
Then it can be twisted back to its original closed position to be finished later.
In readiness for the kick, his right foot would be behind his left in what we could call a closed position.
Wimbledon will not put a figure on the cost of the new retractable roof, which was unveiled in a closed position for the first time.
For example, you can leave one mold open and the other mold half at the closed position to set up blow-pin functions.
Lock the blades in a closed position by pressing the handles and pulling backward.
A valve sticking in the open position causes yield loss as good product is removed, while a valve sticking in the closed position can cause foreign material and defects to not be ejected as desired.