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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 classic literature ?
As to the choice of the spot, obviously such criminating evidence had better take its chance of being found anywhere, rather than upon himself, or in his possession.
He's about the last of this crew for that, I take it.
I take it," replied I, "the doctor has his idea; and if I am right, he's going now to see Ben Gunn.