take out
take out definition - business
take out
- The extra funds generated in an account when an investor sells one block of securities and buys another block at a lower total cost. For example, a customer may sell $50,000 face amount of bonds at 85 and then purchase $50,000 face amount of a different bond at 80.
- A bid for a seller's remaining position in a security.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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