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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 ?
On Tuesday afternoon that flight also took off for its return to Japan.
According to officials, technical fault was found in left engine of the plane after three minutes it took off.
Dozens of planes and helicopters took off at dawn yesterday to search the rugged terrain for an eighth day.
I'm not a nervous flyer but even before we took off I was getting concerned.
Our guys took off to find them, but the Taliban took off too quickly.
McClaren took off both full-backs, Danny Mills and Franck Queudrue, for Stuart Parnaby and Szilard Nemeth.
Two pilots took off in F4U Corsairs for instrument training with one pilot assigned as student, the other as instructor.
A WAVE of B-52 bombers took off today from RAF Fairford.
A BRITISH Airways Concorde today took off from Heathrow carrying its first transatlantic passengers since the aircraft was grounded following last year's crash.
The supersonic jet took off from a military airbase in the south of France, where it had undergone two weeks of testing to speed its return to commercial service.
His wife, Eli Karen, was killed in the crash, which occurred shortly after the Taxi Aereo Centroamericano flight took off from San Jose.
The flat-bottomed paper bag habit took off after Charles Stillwell of Philadelphia invented a machine to mass-produce them in 1883.