position noun - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “position”

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position

noun [C]
 
 
/pəˈzɪʃən/
HR, WORKPLACE a job, especially one that is important: advertise/fill a position We hope to fill the position within the next two months.apply for/take up/fill a position She will soon take up an important position with a firm of lawyers. He filled the position of Executive Director recently vacated by Terry John.
a rank or level of success in a company, in society, etc.: establish/gain/hold a position He took advantage of every opportunity to establish his position within the company.strengthen sb's position Industry insiders said the move would strengthen the position of the chief executive on the board.
a situation that someone or something is in: The bank's position looks difficult, to say the least.put sb/sth in a position This decision put me in an awkward position with regard to my staff. They were not willing to release details of the company's financial position.be in a strong/weak position Luckily, we were in a strong position compared to the competition.reach a/the position We want to reach a position where we can pay off the debt.consolidate/strengthen/weaken sb's position This news will serve to consolidate our position in the market.
an opinion on an important subject: position on sth What's the company's position on outsourcing?take the position that The Board will certainly take the position that their decision was justified.take a position (on sth) When you are negotiating, you will need to take a position and be prepared to stick to it.
FINANCE the fact of investing in something, or the total amount that is invested: take a position (on sth) Investors can take a position on any stock quoted in London.hedge a position The riskier the stock, the more you will need to hedge your position.
be in a position to do sth to be able to do something, usually because you have the necessary experience, authority, or money: Nine months ago, we were not in a position to announce the expansion plan.
→  See also bear position , bull position , cash position , island position , long position , open position , short position , special position
(Definition of position noun from the Cambridge Business English Dictionary © Cambridge University Press)
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