Take-out

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Take-out

A cash surplus generated by the sale of one block of securities and the purchase of another, e.g., selling a block of bonds at 99 and buying another block at 95. Also, a bid made to a seller of a security that is designed (and generally agreed) to take the seller out of the market.

Takeout

1. Informal; to borrow.

2. Extra cash that an investor derives when he/she sells a position and then buys a similar position for a lower price.

3. To make a bid for the entirety of a security that a seller owns.

4. Informal for a merger or acquisition. The term comes from another informal term, "in play," which refers to a company either soliciting offers for a buy-out or vulnerable to a hostile takeover. A takeout means that the company involved as been "taken out of play."
References in periodicals archive ?
Upscale takeout food that is ready to eat will be featured in more supermarkets in the near future.
NEW YORK -- American Express is adding Seamless, the nation's leading digital service for ordering delivery and takeout food, to its Blue Savings Program.
Chaffin Village Fair Apple pies and other baked goods, country store, crafts, Christmas ornaments, glass pendants, quilts, raffle baskets, jewelry, takeout food and more, 9 a.
Users watching a sporting event could pick up the remote and place an order for takeout food via the TV - and even pay with a credit card.
She said that according to surveys done by the National Restaurant Association, more than 10percent of Americans are eating out for Thanksgiving, and 53percent are supplementing their holiday meal with takeout food.
The 11,000-square-foot market includes a full-service Mexican-style meat department, or carniceria; a Mexican bakery (panderia); produce department (fruteria); tortilla oven (tortillerria); and a takeout food counter (taqueria) that serves tacos, burritos and an assortment of sandwiches, including none-too-common lengua (marinated beef tongue).
The data highlights another, and related, myth surrounding Americans' eating habits -- that takeout food has largely replaced home preparation.
According to a new survey Americans continue to seek convenient meal solutions and therefore are using more home-delivery services and buying more takeout food.
The percentage of women with infants in the labor force has reached nearly 60 percent--up from 31 per-cent in 1976--which has sparked a need for the convenience of takeout food.
Sales of takeout food such as lunch boxes and pasta dishes were particularly strong, it said.
Much like the iPhone and BlackBerry apps, the SeamlessWeb Android app will make it easy for customers to easily and quickly order delivery or takeout food without having to be near a computer.
SANTA MONICA -- The city is putting together an ordinance that would ban the use of nonrecyclable packaging for takeout food and beverages.