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hit
(redirected from hits the nail on the head)

    Also found in: Dictionary/thesaurus, Medical, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
hit
1. To sell a security at a bid price quoted by a dealer. For example, a trader will hit a bid.
2. To lose money on a trade. For example, a dealer may take a hit on the holdings of Moore's Fried Foods' common stock.


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Dear Silicon Jack: I think your article hits the nail on the head in many ways ["Dying for My Country," September 2004], the unfairness of the hook to get kids to join, and for sure the cowardliness of the ones now sending our youth to war.
Walk the walk by Thompson, Randy / Latin Trade
Iowa State economist Mike Duffy hits the nail on the head when he states that farming is becoming a lonely profession.
Lonely farmers by Mitchell, Brian D. / Top Producer
In his June article ("The Triumphant Superintendent"), he hits the nail on the head again and continues to provide inspiration for me.
LETTERS by School Administrator
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