position

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Position

A market commitment; the number of contracts bought or sold for which no offsetting transaction has been entered into. The buyer of a commodity is said to have a long position, and the seller of a commodity is said to have a short position. Related: Open contracts.

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.

position

The ownership status of a person's or an institution's investments. For example, a person may own 500 shares of Sun Microsystems, 350 shares of Boeing, and a $10,000 principal amount of 9% bonds due in 2001. See also long position, short position.

position

To buy or sell securities in order to establish a net long or a net short position. Also called take a position.
References in classic literature ?
But not all the coloured people who were in office during Reconstruction were unworthy of their positions, by any means.
Others had secured minor government positions, and still another large class was there in the hope of securing Federal positions.
Thus it was with the men of rank, on whom their eminent position imposed the guardianship of the public morals.
The effect of the symbol -- or rather, of the position in respect to society that was indicated by it -- on the mind of Hester Prynne herself was powerful and peculiar.
Every minute a fresh gun came into position until, before twilight, every copse, every row of suburban villas on the hilly slopes about Kingston and Richmond, masked an expectant black muzzle.
If Kutuzov decided to remain at Krems, Napoleon's army of one hundred and fifty thousand men would cut him off completely and surround his exhausted army of forty thousand, and he would find himself in the position of Mack at Ulm.
I am no more in a position to discuss this affair than any other tourist from my country who might happen to come along.
But to forget what had happened, or to feel satisfied with my position, was beyond the power of my will.
This position of affairs had now lasted three days, and not only the husband and wife themselves, but all the members of their family and household, were painfully conscious of it.
In the first place, I am in a position to throw the necessary light on certain points of interest which have thus far been left in the dark.
The accidents of conversation; the simple habits which regulated even such a little thing as the position of our places at table; the play of Miss Halcombe's ever-ready raillery, always directed against my anxiety as teacher, while it sparkled over her enthusiasm as pupil; the harmless expression of poor Mrs.
To be fearlessly outspoken in her opinions came easily to her, since she judged solely from the standpoint of her social position.