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Elimination or reduction of a current Long or short Position by making an opposite Transaction of the same security. also called Offset or Even up.

Related Terms: 13 Action, Call, ECU, Even up, Long, Offset, Position, PPO, Rent, SEC, Short, Short position, Transaction
Other Related Pages: Category: Trading Starting With: C
Additional Related Terms: 10-K, Accrual of discount, Agency security, Amortization of premium, Asset-backed security, At par, All or any part, At best, At call, All-risks coverage