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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 army and resistance forces also took back al-Barada mosque on Saturday.
TEHRAN (FNA)- The Syrian army and Lebanese Hezbollah resistance forces cut the defense lines of the terrorists in the city of Zabadani in Southern Syria, and took back a strategic square.
Celtics executive director of basketball operations Danny Ainge took back Banks, likely as insurance in case Payton decides not to play with Boston next season.
Pindus said the banks took back a lot of property and should be getting rid of it.
Great American took back a second mortgage note of $207,500 secured by 13 of the properties payable and due in full on Friday, June 27, 1996.
The Syrian forces took back al-Layla, al-Dhohour, al-Shababi residential area, al-Filat, football stadium, Eastern al-Nahsva, Western al-Nahsva, Eastern Ghuweiranesh and Western Ghuweiranesh regions from ISIL's control.
Granada Hills (9-2) ran only 13 plays in the first half, but took back the momentum on the first drive of the third quarter.