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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 ?
When property rights are insecure, "gains that would otherwise be available from exchange instead will be dissipated by searches for and defenses of takeable assets, and resources available for investment will be diverted toward less takeable uses.
An edge flew between slip and gully on 23, and if Alex Barrow is not kick-ing himself for dropping a takeable change of 46, there will be no shortage of volunteers.
In the second minute of added time, from a Cairney free-kick, the ball dropped from a crowd of players perfectly for Dann but he miskicked horribly from takeable distance.
He is 8-13 to win in straight sets and that is takeable to modest stakes.
It is estimated that there are up to 9,000 tonnes of takeable cockles on the Dee Estuary, currently worth between pounds 200 and pounds 300 per tonne.