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A cash surplus generated by the sale of one block of securities and the purchase of another, e.g., selling a block of bonds at 99 and buying another block at 95. Also, a bid made to a seller of a security that is designed (and generally agreed) to take the seller out of the market.


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 ?
THE car park takeaway food voted the best restaurant in an historic city confirms the eternal truth that you do not necessarily have to spend a fortune for a good meal.
Cardiff-based nutritional therapist Joanne Jackson said while it is healthy to eat a controlled amount of takeaway food, monitoring your orders' ingredients was vital in maintaining a balanced diet.
uk DINERS in Kirklees and Calderdale can't get enough takeaway food as figures show the districts are takeaway hotspots.
Britain's taste in takeaway food is changing, the report says, with fish and chips accounting for just 30% of consumption now compared to 70% in 1974.
He had not been outside for months when his house was raided, existed on takeaway food paid for by other people's PayPal accounts and spent entire days playing computer games in his bedroom, interacting with other outsiders on the wild fringes of social media.
Research carried out by the university last year found that those that lived and worked near a high number of takeaway outlets tended to eat more takeaway food.
The US is the largest market for takeaway food delivery market followed by the UK, Italy, Spain, Canada, France, Brazil and others.
I am trying not to order takeaway food as I would like to cook more this year.
only takeaway food not to be rationed during the Second World War.
IT is obvious that reader Norman Henderson doesn't buy much in the way of takeaway food if he is calling for a charge to be levied on their polystyrene containers.
Co-owner Simon Shaw said: "To scoop this award tops off a great year as we were up against other fish and chip businesses and also other takeaway food such as Indian, Chinese, pizza and chicken establishments.
and it's unlike any other Chinese takeaway food we've ever tried.