Position (finance)
In financial trading, a position is a binding commitment to buy or sell a given amount of financial instruments, such as securities, currencies or commodities, for a given price.
The term "position" is also used in the context of finance for the amount of securities or commodities held by a person, firm, or institution, and for the ownership status of a person's or institution's investments.
Read more about Position (finance): Trading and Financial Assets
Famous quotes containing the word position:
“We say that someone occupies an official position, whereas it is the official position that occupies him.”
—G.C. (Georg Christoph)