The Position reference article from the English Wikipedia on 24-Apr-2004 (provided by Fixed Reference: snapshots of Wikipedia from wikipedia.org)

Position

(synonym, see location)

In finance, a position means entitlement to receive or obligation to deliver an asset or financial instrument, as in "long position" (ownership) and "short position" (obligation to deliver).

In politics and government a position is a formally stated opinion on a well defined issue.

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