(finance) A financial instrument bought with the expectation that it will increase in value.

(finance) A position that is not hedged and therefore exposed to market risks.

plural of open position

plural of naked position

plural of long position

(finance) A financial instrument bought with the expectation that it will decrease in value.

plural of short position

(finance) An active trade with unrealized profits and losses that has not yet been offset (“closed”) by a corresponding equivalent deal.

(cartography) A system which enables a mobile receiver to determine its precise location based on signals received from a constellation of US military satellites.

Any system which enables a mobile receiver to determine its precise location based on signals received from satellites such as those of the US military, the Russian GLONASS system, or the proposed Galileo European alternative system.