Round-turn


Also found in: Dictionary, Thesaurus, Encyclopedia, Wikipedia.
Related to Round-turn: Round Turn Trade

Round-turn

Procedure by which the long or short position of an individual is offset by an opposite transaction or by accepting or making delivery of the actual financial instrument or physical commodity.

Round Trip

In futures and equities, to take a position and then later to close it. For example, an investor who buys a futures contract and then sells it and an investor who short sells a contract and then covers it are both round tripping. The practice is also called a round turn.