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Take a Powder

   Also found in: Dictionary/thesaurus, Medical, Idioms, Encyclopedia 0.01 sec.
Take a powder
Temporarily cancel an order or indication in a stock, while unrepresented interest still exists. See: Back on the shelf, sidelines.

Take a Powder
To temporarily cancel an order to buy or sell a security when the investor still wishes to buy or sell it. One takes a powder when one believes that one can pay or receive a better price. See also: Sidelines.


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