Related Words

Position: A place where a player plays relative to teammates, and/or a role filled by that player

Short Position: If you sell stock short and have not yet repurchased shares to replace the ones you borrowed, you are said to have a short position in that stock. Similarly, if you sell an options contract . . . View Full Definition

Long Position: Having a long position in a stock means you own the security. You have the right to collect the dividends or interest the security pays, the right to sell it or give it away when you wish, a . . . View Full Definition

Scoring Position: A runner who is on second or third base is said to be in scoring position because, usually, a single will score him.

Modigliani And Miller Proposition I: A proposition by Franco Modigliani and Merton Miller that states that a firm cannot change the total value of its outstanding securities by changing its capital structure proportions. Also c . . . View Full Definition

Modigliani And Miller Proposition II: A proposition by Franco Modigliani and Merton Miller that states that the cost of equity is a linear function of the firm's debt/equity-ratio.

Open Position: A net long or short position whose value will change with a change in prices.

Net Position: The value of the position subtracting the initial cost of setting up the position. For example, if 100 options where purchased for $1 each and the option is currently trading for $9, the val . . . View Full Definition

Post Position: The position of a player standing in the low post or high post.

Position Round: In competition, league or tournaments, in which part of the competition is match play, it is when teams or individuals play each other based upon their standing; i.e., position 1 plays 2; 3 . . . View Full Definition