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Investing Glossary:
Take-out
Copyright 2012,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Definition: |
| A Cash surplus generated by the Sale of one Block of securities and the Purchase of another, e.g., selling a block of Bonds at 99 and buying another block at 95. Also, a Bid made to a seller of a security that is designed (and generally agreed) to Take the seller Out of the market.
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