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open position

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open position

 
Use open position in a Sentence
–noun
1. Music. the arrangement of a chord with wide intervals between the parts.
2. (in ballet, modern dance, and jazz dance) any position in which the feet are separated.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

open position

An option or futures contract that has been bought or sold and that has not yet been offset or settled through delivery.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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