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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 ?
He was seconds away from the Hawthorns stadium in Birmingham when he took ill and was rushed to hospital.
Emily took ill at the end of the family's two-week holiday at the Flamingo Beach Holiday Village in Playa Blanca in July.
However, the elderly man then took ill at the scene and died.
A spokeswoman for Newcastle United said Gascoigne took ill before arriving at the match and his food poisoning was unrelated to food served at the ground.