Definition of Take in

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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.


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