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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 ?
But what they needed initially was the capability to take care of people who needed to be moved to a place of safety.
Many of the property owners, she says, also live outside the country and cannot take care of all aspects of renting their cottage.
I would encourage employees to have confidence that MTMC will work its best to take care of them if they are the ones affected by reorganization initiatives.