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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 ?
Our first flight in Breitling Orbiter took five years to prepare and ended early and abruptly in the Mediterranean after we discovered a leak in the kerosene tank.
It took five scientists to unfurl the 30-foot-long segment of the first high-resolution picture taken by the Sloan Digital Sky Survey.
"He took five days, using the extra time to stop at a few parks along the way, have some cookouts and enjoy the trip," says Kent.
The building, which is a community hall as well as a church, took five weeks to erect.
Waseem Akram from Emerson College took five wickets, Umar three and Uzair and Haris took one wicket each.
presence of suspected persons, FC personnel conducted raid at a house in Buleda area and took five suspects into custody.
Lee Renwick took five for 25 to help Linthwaite to victory over Almondbury Wes, who were dismissed for 95 - No9 Neil Shaw top scoring on 24 not out.
James Quinn scored 67 then took five wickets for the winners.
IN 2010, it took five different horses - Makfi, Workforce, Twice Over, Rip Van Winkle and Cape Blanco - between them, to win the 2,000 Guineas, Derby, Eclipse, Juddmonte International, Irish Champion and Arc.
BIRTHDAY boy James Anderson took five for 49 as England ripped through Pakistan on a day laden with wickets for the pace bowlers at Trent Bridge.
Elliott Wilson and Richard Jones took five wickets each as the Black Country side dismissed their hosts for 101.
Andy Collins scored 64 and Mark Greener 57 as Pontypridd reached 252 for eight at Ponthir, whose skipper Richard Alsept took five for 48.