A net long or short position whose value will change with a change in prices . Bloomberg Financial Dictionary
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A long or short position that has not been liquidated. Chicago Mercantile Exchange Glossary
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A position that has not yet been offset or closed, i.e. the holder has a commitment to buy or sell something which has not yet been fulfilled, or for which there is no matching contract in the opposite direction.
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open position UK US noun [C]
► STOCK MARKET a situation in which someone could lose money because of changes in the value of shares, currencies, etc. that they have traded but for which the sale is not complete: »
The open position of each investor is then ""marked to market"" every day.
► [C] HR a job that is available: »
Employers receive hundreds, even thousands, of applications for every open position.
Financial and business terms. 2012.