Take-out

A cash surplus generated by the sale of one block of securities and the purchase of another, e.g., selling a block of bonds at 99 and buying another block at 95. Also, a bid made to a seller of a security that is designed (and generally agreed) to take the seller out of the market.

Takeout

1. Informal; to borrow.

2. Extra cash that an investor derives when he/she sells a position and then buys a similar position for a lower price.

3. To make a bid for the entirety of a security that a seller owns.

4. Informal for a merger or acquisition. The term comes from another informal term, "in play," which refers to a company either soliciting offers for a buy-out or vulnerable to a hostile takeover. A takeout means that the company involved as been "taken out of play."

References in periodicals archive

The booze, the chinese carry-outs and the slouching in front of the TV are all to be replaced with a healthy diet and regular visits to the gym.

RENEW THOSE RESOLUTIONS

"He regularly orders hundreds of pounds worth of carry-outs for himself.

Derek's pounds 1500 curry out bill

Carry-outs and delivery is available as well as dining in the cafeteria.

GALLATIN COUNTY -- Gallatin County FFA Alumni Association will have its fourth a

He also leaves everything on the floor - papers, DVDs, carry-outs. I also hate skid marks in the toilet.

Should I tell her about my affairs while apart?

But then, the Tories need all the help they can get while the SSP could start a revolution of free carry-outs for all low income families.

Scotia Nostra: BLAND PARLY NEEDING SPICE; LIKE A RUBY IN A MOUNTAIN OF COAL

Way back in February, I said minimum pricing, a unit of alcohol-based charge and raising the age limit for carry-outs was the only way forward.

Justice Minister Kenny MacAskill

Publicans lost millions as revellers stayed at home with carry-outs. Hotels and bars in Northern Ireland have been boosted by the influx of smokers from across the border.

Voice of the Daily Mirror: Ban up in smoke

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