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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


To accept the price at which a dealer offers a security.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.


(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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
We are very honoured he took time out to come and visit us."
"If I took time off work, because I'd just been dumped I wouldn't get any sympathy from people."
The Duke and Duchess of Cambridge also took time out of the day's matches to chat to six-time Wimbledon champ Billie Jean King, 67.
ALONG FOR THE RIDE...this group of St Patrick's Day revellers took time out to visit Alton Towers in search of Oblivion.
Sharon added: ``She took time out to meet my group and I'm really pleased because they deserve it.''
Throughout the country around 293,000 teachers took time off due to sickness - around 57 per cent of the workforce.
She was back the following Monday but took time off the next day to take husband George to the doctors - and never returned.
He said: "I hate racism, but it took time to get rid of it in football and it'll take time elsewhere."
"The store manager told me if I took time off I would be fired.
Craig, who took time off from World Cup preparations, admitted: "This is much more nerve- wracking than a Scotland game."
They took time out from their busy schedules to promote George Best: A Tribute in the soccer icon's hometown.