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 ?
The package includes round-trip air fare on Delta to Miami and on Cayman Airways from Miami to the Cayman Islands: it also includes accommodations, ground transfers, Cayman Airways baggage security surcharge, plus bonus features, such as coupon discounts on selected activities.
The DOT has also awarded a round-trip slot to National Airlines from Las Vegas, while Frontier Airlines received a round-trip slot to Denver, which is will commence on 7 September and Trans World Airlines a round-trip to Los Angeles, which it will inaugurate on 10 September.
The flights will be effective on 21 June with two round-trips which will increase to three round-trips on 6 July and then four on 2 August.
The Christmas package costs $1,899 per person, double occupancy, with lower rates for children; included are round-trip Finnair flights from New York, hotels and transfers, most meals and saunas.
Midway Airlines has announced a new, thrice-daily, round-trip, nonstop jet aircraft service between Rochester, New York and Raleigh-Durham International Airport commencing 1 February 2000.
Cost is $2,890 per person, double occupancy, including round-trip air fare from New York, accommodations, many meals and activities.
Visitors also can take advantage of the two-night Canyon Railway Express package, which features round-trip train service between Williams and the Grand Canyon, a night at the Fray Marcos Hotel in Williams and Maswik Lodge in Grand Canyon National Park, continental breakfast and a guided motor coach rim tour.