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(1) To agree to buy. A dealer or customer who agrees to buy at another dealer's offered price is said to take the offer. (2) Euro bankers speak of taking deposits rather than buying money.

Take a Position

The state of owning or owing a security or other asset. One has a long position when one owns something, while one has a short position when something is sold, especially sold short. See also: Close a position.


To accept the price at which a dealer offers a security.


(1) A generic term meaning to acquire title by whatever means, such as by deed, by will, by purchase,or by gift,to name a few.(2) A common expression for a condemnation under the power of eminent domain.

References in periodicals archive ?
For instance, the cover-down to two-deep coverage with hard corners allows the defense to take away the flat, but it opens up other cushions in the secondary.
As an organization that represents supervisory employees, we find it particularly offensive that the NLRB would use redefining a supervisory employee as a way to take away a worker's right to join a union and bargain collectively over the terms and conditions of employment.
5, "One Defender Covering Two Areas": The defender must align his body to take away the receiver's route, while he (defender) looks for another receiving threat.