Takeout

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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."
References in periodicals archive ?
Key take-outs and implications: in capitalizing on the urbanization trend in the on-trade, alcoholic drinks companies must consider a wide number of cultural issues to be truly in touch with the urban consumer
Key take-outs and implications: negative economic trends and the continuing move toward the services sector are currently defining consumers' working lives and their subsequent consumption behaviors
The take-out periods are November 24, 2015 for personal residential impacting both the Personal Lines/Coastal Account policies and November 17, 2015 for commercial residential/non-residential impacting both the Commercial Lines/Coastal Account policies.
Key take-outs and implications: the emerging dining at home trend highlights the need for differentiation among foodservice operators
Our anticipated cost take-outs and revenue enhancements continue to indicate this transaction will be accretive to earnings within the next 12 months.
A decision on the extent of the reduction in take-outs and the precise timing of the change has not yet been finalised.
He said I was guilty of one or two statistical inaccuracies ("No change there then," squawk the critics) but that he agreed with the main thrust of the argument, which was that if the Tote is ever going to compete successfully with the bookmakers it must reduce its take-outs, particularly on the notoriously poor-paying place pool, and do so quickly if Attheraces, whose viability depends heavily on a quantum leap in Tote turnover when interactive betting becomes a reality, is going to survive.
Sullivan was formerly a vice president at Mellon Mortgage Company, a subsidiary of Mellon Bank NA in Pittsburgh, where she provided construction loans and permanent take-outs for borrowers with FHA insured loan commitments.
Referring to the Racing Post's examination of pool take-outs (February 12), Heaton observed: "Although David Ashforth scoured the world, the only pool in which he could demonstrate internationally that the deduction was relatively high was the Place pool.
Periodic take-outs are anticipated through securitizations on which NationsBanc Montgomery Securities LLC will serve as placement agent.
Additionally, Mainline had several competitive take-outs, and completed all certifications required to achieve the Dynamic Infrastructure Specialty Elite designation in all categories - virtualization, energy efficiency, business continuity, and information infrastructure.
During my four years on the Tote board I have regularly pressed for the Tote to cut take-outs, but with no response