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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 ?
When Llynn took sick leave, her salary was stopped.
The survey, from Adecco and Lemsip, also found that 92% of people were concerned about the impression given if they took sick leave.
Her health declined, she took sick leave and now attends Alcoholics Anonymous sessions five days a week and a rehabilitation clinic.
Caldwell was handed a late call-up after Aaron Hughes took sick and Robson was delighted with his Stirling-born lad's display.
He was in the audience at the Golden Peacock nightclub in Houston when famed guitarist T-Bone Walker took sick and dropped his guitar on stage in the middle of a number.
But when they failed to deal with her complaint the stressed mum-of-two took sick leave.
Last year 58% of full-time teachers in the region took an average of 11 days off sick, while 54% of London teachers took sick leave and were absent for an average of just eight days.
After only two months working in the obstetrics and gynaecology department at the George Eliot, Dr Banerji took sick leave, which he told the tribunal was brought on by unbearable stress caused by constant snubs and attacks.