Definition of Take in

a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z

search


TeachMeFinance.com - explain Take in




historic definition...

Take in -- London Stock Exchange term : when a bargain is continued or carried over the money lender or bear who buys the stock for cash and sells it again for the next settlement is said to take it in. He generally receives a contango rate from the bull, who "gives on" the stock ; but if the stock is so much oversold as to be scarce the taker-in pays the bull or lender of the stock a backwardation.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.