Quick Reference

1 The purchase of a holding of more than 50% in a company by (or on behalf of) a group of executives from outside the company, who wish to run the company.

2 The buying of a security to complete the delivery of a failed transaction.

3 The closing out of a short position in an options market by ‘buying-in’ the same option that has been sold.

Subjects: Financial Institutions and Services.

Reference entries