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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 ?
He could start by taking apart ``Around the Horn'' - but then again, his son Aaron is the one who produces the weekday yammerfest.
5m on a fridge de-manufacturing unit imported from Italy, now running at full capacity and capable of taking apart 1,200 old fridges a day.
These dialects themselves have undergone radical changes in the last few years: Choreographers in Europe are in a period of reexamination, taking apart and re-creating American experimental dance of the late '60s, like Trisha Brown's Accumulation and Yvonne Rainer's The Mind Is a Muscle.
American kids who are dreaming up new games, taking apart and re-building toys, or inventing neat things for sports can now turn their basement ideas into real products through a unique competition for kids only.
Might I suggest a TV advert where a few macho boneheads in a pub are trotting out cliches about handbag-carrying poofs going down too easy etc, while on a giant screen highlights of Germany taking apart Argentina and England are played.
What Trinidad really wants, however, is to hear those chants as he is taking apart Hopkins.