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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 ?
43: A third plane, an American Airlines Boeing 777, hijacked after taking off from Washington Dulles airport for Los Angeles and flown into the west wing of the Pentagon.
There were all the old sensations of taking off in a bomber.
Before taking off from Middle Wallop, Hants, the father-of-three said: "I'd be lying to say I wasn't nervous.
It crashed in the village of Palade half an hour after taking off and local media reports suggest that icing of the wings and steering system might have been a contributing factor.
But Stirling Sheriff Robert Younger told him: "It's not very usual to be catching trains and taking off your clothes while staring at people.
Fossett on Thursday became the first person to fly around the world alone without stopping or refueling, safely touching down the jet 67 hours after taking off from a Kansas airport.
But because planes were taking off, the buses had to queue up.
The kids put themselves in more danger by taking off brake stoppers on their roller- blades.
US National Transportation Safety Board investigators and Lexington Blue Grass Airport officials confirmed yesterday that alterations had been made to the taxiway that a Comair CRJ200 used before taking off from the incorrect runway Sunday morning and that the lights on that shorter runway were out of service at the time.