TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CLOSING OUT [1 record]

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Alphabetical list of terms

Record 1 2001-06-15

English

Subject field(s)
  • Farm Management and Policy
  • Grain Growing
CONT

A trader who holds an uncancelled contract is said to have taken an "open position"; the seller a "short position", the buyer a "long position". Cancellation, by either buying or selling a contract, is called "closing out".

French

Domaine(s)
  • Gestion et politique agricole
  • Culture des céréales
CONT

On dit d'un commerçant détenteur d'un contrat non annulé qu'il a pris une «position ouverte», du vendeur, une «position à découvert» ou qu'il est «vendeur net»; de l'acheteur, qu'il est «preneur à terme» ou encore qu'il est «acheteur net». L'annulation, soit par l'achat soit par la vente d'un contrat, s'appelle une «liquidation».

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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