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position
(redirected from knee-chest position)

    Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
Position
A market commitment; the number of contracts bought or sold for which no offsetting transaction has been entered into. The buyer of a commodity is said to have a long position, and the seller of a commodity is said to have a short position. Related: Open contracts.
position
The ownership status of a person's or an institution's investments. For example, a person may own 500 shares of Sun Microsystems, 350 shares of Boeing, and a $10,000 principal amount of 9% bonds due in 2001. See also long position, short position.
position
To buy or sell securities in order to establish a net long or a net short position. Also called take a position.


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