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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 ?
Claim--With psychiatric patients there are contracts made to enable them to take charge of their health and made them responsible for the follow up.
If he really means to leave a legacy, then he needs to take charge of all city departments and commissions, not just the one with the highest profile.
The following week Clark and John Rowbotham take charge of UEFA cup-ties while in early September Young has been awarded the World Cup qualifier between Norway and Armenia.