Seat

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Seat

Position of membership on a securities or commodity exchange, bought and sold at market prices.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Seat

An individual or firm's right to trade on an exchange floor. Seats are bought and sold according to an individual's or firm's needs and desires, and they can be very expensive. Most exchanges have a set number of seats; for example, on the New York Stock Exchange there are 1366 seats, which may cost up to $1 million each. Most exchanges only recognize individual members; member firms are usually informal terms for broker-dealer firms that have at least one principal officer with a seat on an exchange. A seat is also called a membership.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

seat

Membership on an organized securities exchange. Because the number of seats on an exchange is generally fixed, membership may be acquired only by purchasing a seat from an existing owner at a negotiated or an offered price.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Patients in the restricted group also were advised to use an abduction pillow, a hip chair, and special raised toilet seats. Moreover, they were advised to sleep in a supine position and avoid driving.
A range of faulty raised toilet seats has led to at least six people being injured, a safety watchdog has warned.
Bars and rails, raised toilet seats, chair and bed raisers and bath safety gadgets, such as non-slip bath and shower mats, can all help.
* Raised toilet seats make it much easier to get on and off.
Nowadays consumers can easily and affordably equip their homes with security poles, grab bars, 2-in-1 trays and mobility handles, bed rails, walkers and rollators, raised toilet seats, bath benches and more.
That's where a company like Carex comes in, with its supply of such bathroom safety and patient care products as raised toilet seats, toilet safety frames, handheld shower heads and walkers.
There are many accessories that can be used to improve accessibility without making structural changes, such as raised toilet seats, bath chairs, and commode chairs.