(navigation) A point defined by stated or implied coordinates, usually on the surface of the earth.
| Sci-Tech Dictionary: position |
(navigation) A point defined by stated or implied coordinates, usually on the surface of the earth.
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| Banking Dictionary: Position |
1. Banking. (1) bank's net balance of a foreign currency taking into account all assets and liabilities denominated in that currency; (2) mortgage banker's inventory of mortgages held in portfolio, as compared to take-out commitments from investors; and (3) lender's status, either secured by collateral or fully unsecured, in relation to other creditors of a single borrower. See also Cash Position; Priority of Lien.
2. Foreign Exchange. A dealer's inventory in a particular currency. When interest rates in a particular country go down, dealers sell that country's currency; when rates rise, they add to their net position.
3. Investments. An investor's stake in a market, in the form of open (unliquidated) contracts. Investors take a view on the market by Going Long (buying) or Going Short (selling) securities. A Long Position also is a dealer's inventory of unsold securities. See also Short Position; Short Sale.
| Wikipedia: Position |
| Look up position in Wiktionary, the free dictionary. |
Position may refer to:
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