round trip

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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.

round trip

The purchase and sale of the same security. Some brokerage firms offer a discounted commission if a round trip is completed within a certain length of time. Also called round turn.
References in periodicals archive ?
We are pleased to see research begin to embrace round trip reduction as one of the most effective solutions for improving Web application performance," said Willie Tejada, vice president of marketing and business development for Netli.
In addition a daily round trip service between Dallas/Fort Worth and Harrisburg, Pa.
Between Los Angeles and Ciudad Obregon, the one-way fare is $60 and a round trip costs $115.
Fares start as low as $378 round trip, with a special introductory, non-refundable round-trip fare of $298, which must be purchased by May 10.
Portland-Bay Area flights earn 2,276 miles, while Seattle-Sacramento round trips earn 2,420 miles.