flat position
Where the obligations of a company under different spot and futures contracts balance themselves out so that the company is not exposed overall to movements in price.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • flat position — A horizontal weld on the upper side of a horizontal surface …   Dictionary of automotive terms

  • Flat-position welding — Flat position welding. См. Сварка плоской поверхности. (Источник: «Металлы и сплавы. Справочник.» Под редакцией Ю.П. Солнцева; НПО Профессионал , НПО Мир и семья ; Санкт Петербург, 2003 г.) …   Словарь металлургических терминов

  • flat position welding — Creating a horizontal weld on the upper side of a horizontal surface. Also called downhand welding …   Dictionary of automotive terms

  • flat — flat1 W2S2 [flæt] adj comparative flatter superlative flattest ▬▬▬▬▬▬▬ 1¦(surface)¦ 2¦(money)¦ 3¦(tyre/ball)¦ 4¦(not deep)¦ 5¦(drink)¦ 6¦(not interesting)¦ 7¦(battery)¦ 8¦(business/trade)¦ …   Dictionary of contemporary English

  • flat — flat1 flatly, adv. flatness, n. /flat/, adj., flatter, flattest, n., v., flatted, flatting, adv. adj. 1. horizontally level: a flat roof. 2. level, even, or without unevenness of surface, as land or tabletop …   Universalium

  • flat — 1 adjective flatter, flattest 1 SURFACE smooth and level, without raised or hollow areas, and not sloping or curving: a flat bottomed boat | a perfectly flat sandy beach | flat as a pancake (=very flat): The countryside near there is flat as a… …   Longman dictionary of contemporary English

  • flat — I. /flæt / (say flat) adjective (flatter, flattest) 1. level, even, or without inequalities of surface, as land, etc. 2. horizontally level: a flat roof. 3. comparatively lacking in projection or depression of surface: a broad flat face. 4. (of a …   Australian English dictionary

  • flat — I [[t]flæt[/t]] adj. flat•ter, flat•test, 1) horizontally level 2) level, even, or without unevenness of surface, as land or tabletops 3) having a surface that is without marked projections or depressions 4) lying horizontally and at full length… …   From formal English to slang

  • position — See driving position flat position welding flat position horizontal position overhead position pole position projected spark position recessed spark position spark position …   Dictionary of automotive terms

  • Position — A market commitment; the number of contracts bought or sold for which no offsetting transaction has been entered into. The buyer of a commodity is said to have a long position and the seller of a commodity is said to have a short position .… …   Financial and business terms

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