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round turn
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round turn
–noun
a complete turn of a rope or the like around an object.
Origin:
1835–45
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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round turn
Financial Dictionary
round turn
In futures trading, a completed trade involving the purchase and subsequent sale of a position, or the sale and subsequent covering purchase.
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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