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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 ?
THE AWFUL TRUTH, airing on Bravo on Sunday nights at 9:00PM/ET and 10:00PM/PT, is a weekly half-hour series in which award-winning filmmaker Michael Moore takes back television from media moguls through a mix of stand-up, provocative video segments and special guest appearances.
When Zeus takes back his engagement ring, Blenda starts planning a fake suicide that she thinks will gain his sympathy and win him back.