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Takeout

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.02 sec.
Takeout
A financing to refinance or take out another loan.
Takeout
1. Informal; to borrow.

2. Extra cash that an investor derives when he/she sells a position and then buys a similar position for a lower price.

3. To make a bid for the entirety of a security that a seller owns.

4. Informal for a merger or acquisition. The term comes from another informal term, "in play," which refers to a company either soliciting offers for a buy-out or vulnerable to a hostile takeover. A takeout means that the company involved as been "taken out of play."
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ve learned in my takeout experiences that there are some important guidelines to follow when building a successful takeout program.
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Stroke lengths, takeout direction and swing angle are all adjustable.
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