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closing purchase |
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Closing purchase A transaction in which the purchaser's intention is to reduce or eliminate a short position in a stock, or in a given series of options.
closing purchase 1. Any transaction that closes a position, especially a short position. 2. An option seller's purchase of another option that cancels out the provisions of the previous option by having the same provisions. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Certain post closing purchase price adjustment provisions remain in place, based on production rates achieved from the assets through September 19, 2006. Certain post closing purchase price adjustment provisions remain in place, based on production rates achieved from the assets through April 30, 2006. The closing purchase price totaled $13 million, which was paid in cash. |
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