Take a powder

(redirected from takes a powder)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.

Take a powder

Temporarily cancel an order or indication in a stock, while unrepresented interest still exists. See: Back on the shelf, sidelines.

Take a Powder

To temporarily cancel an order to buy or sell a security when the investor still wishes to buy or sell it. One takes a powder when one believes that one can pay or receive a better price. See also: Sidelines.