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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 ?
Reid heard home fans call for his head as Leeds took apart his side.
Security officials reportedly took apart the replica model toy aircraft, which the woman had purchased in Vietnam as a gift for her father, before placing her in a cell with five strangers.
You took apart a heavy combat division, and its components, transported it using air, land and sea modes, and sailed it around the world.
After watching the sheep to be sure of their behavior, they took apart their brains.
The 20-year-old scored twice as Manchester City took apart Coventry 4-2 at Maine Road, scoring once in each half and stealing the show in an emphatic Nationwide First Division victory.