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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 ?
All those aunts who persuaded you to come back to Washington to take care of her--don't they ever help?
Elizabeti has a newborn baby sister and Ellizabeti's Mama must take care of her.
Only 3% of the children reported that their fathers take care of them when they are sick.
One of my dreams is to have four kids and to take care of them with the same love and dedication Hispanic moms give their families.