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take out

   Also found in: Dictionary/thesaurus, Legal, Idioms, Encyclopedia, Wikipedia 0.02 sec.
take out
1. The extra funds generated in an account when an investor sells one block of securities and buys another block at a lower total cost. For example, a customer may sell $50,000 face amount of bonds at 85 and then purchase $50,000 face amount of a different bond at 80.
2. A bid for a seller's remaining position in a security.
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