close a position (to)
- Eliminate a security from one’s portfolio.
American business jargon. 2014.
Look at other dictionaries:
close a position — In the context of general equities, eliminate an investment from one s portfolio, by either selling a long position or covering a short position. Bloomberg Financial Dictionary … Financial and business terms
close — noun /kləυz/ the end of a day’s trading on the Stock Exchange ● At the close shares had fallen 20%. ■ adjective /kləυs/ ♦ close to very near, almost ● The company was close to bankruptcy. ● We are close to meeting our sales targets. ■ verb… … Dictionary of banking and finance
position — /pə zɪʃ(ə)n/ noun 1. a situation or state of affairs ♦ what is the cash position? what is the state of the company’s current account? ♦ to cover a position to have enough money to pay for a forward purchase 2. the state of a person’s current… … Dictionary of banking and finance
close — vb 1 Close, shut are very close synonyms in the sense of to stop or fill in an opening by means of a closure (as a door, a gate, a lid, or a cover) and are often used interchangeably. However, they may have distinctive nuances of meaning and… … New Dictionary of Synonyms
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close — close1 [klōs] adj. closer, closest [ME clos < OFr < L clausus, pp. of claudere (see CLOSE2); senses under II from notion “with spaces or intervals closed up”] I denoting the fact or state of being closed or confined 1. shut; not open 2.… … English World dictionary
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