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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 ?
Imran Jamshed was the Fordhouses hero, taking five for 41 to set up his side's eight-wicket win over Stourbridge.
Riaz Sheikh then got to work with his leg breaks, taking five for 16 from 16 overs as Water Orton closed on 126-7.
Rizwan Malik did the trick for Birkby Rose Hill, taking five for 32 to destroy Penistone's hopes of going through.
Normanby Hall were all out for 33 in reply, with opening bowlers Billy Hodgson and Sam Berry taking five wickets between them.
Barry Wanderers were shot out for 151 by Cardiff Gymkhana III in Division Two Abdullah Jaura taking five for 43 - Saled Mohammed (41) and Imran Jaura (40 not out) seeing Gymkhana to 152 for five and ending Barry's promotion hopes.
Bhadri top-scored for the Solihull side with 50 out of 150 for seven, before Kenilworth replied with 111 for eight, Parmar taking five for 33.
The Wolves are a dark horse to win the 3-A title, after taking five games to mesh as a team.
Stokesley won a high scoring game against Seaton Carew, Ian West taking five wickets while Ian Still and Phil Ramage both made half centuries.
Paceman Sean Mee did the bulk of the damage, taking five for 23 in 7.