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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 ?
It also marks a bold commitment to "owned brands," and a move to capture shoppers with modern tastes that the retailer hasn't addressed, Taake said.
We're directionally going to an owned-brand strategy," said Taake, who succeeded Steve Ryman as the head of home fashions last year.
This is about complete room solutions" supported by home brands and assortments based on distinct lifestyles, Taake said.
The Grace Designs collection of better goods, rolling out to stores now, includes bed and bath, furniture and home decor, and was designed to "bridge the gap between traditional and modern brands-we really haven't done that," Taake said.