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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 ?
Filion explained that it will be possible to have the mechanics taking apart a greasy motor one day and then have the dental hygienists working in a sanitary environment the next because of cleaning capabilities in the eDome.
Working with the architect of record, Walter Sedovic Architects, Herbert Rose has begun taking apart the terra cotta panels, including lintels and restoring them to their original conformity both aesthetically and structurally.
Rethinking of the nursing station is easily accomplished by taking apart its functions and providing specific spaces that accommodate each task.
To prevent someone from taking apart any gun locked within the cabinet, GunSafe also offers a clear panel of quarter-inch polycarbonate that locks in place with a steel bar.
And in their taking apart of Arsenal, it was the clinical threat of Diego Costa (above) up front that made a solid defence into an unstoppable team.