naked

(redirected from Naked Position)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.

naked

(Lacking embellishment), adjective bare, basal, basic, devoid of consideration, elementary, fundamental, laid bare, mere, plain, sheer, simple, stark, straight, unadorned, unadulterated, uncomplicated, undecorated, unembellished, unexaggerated, unmasked, unvarnished, unveiled
Associated concepts: naked promise

naked

(Perceptible), adjective apparent, brought to light, clear, cognizable, conspicuous, discernible, disclosed, discoverable, distinct, distinguishable, easy to see, evident, explicit, exposed, express, in plain view, made public, not obscure, noticeable, observable, obvious, open, ostensible, overt, patent, perceivable, plain, prominent, revealed, unconcealed, unmistakable, visible
See also: manifest, perceivable, perceptible

NAKED. This word is used in a metaphorical sense to denote that a thing is not complete, and for want of some quality it is either without power, or it possesses a limited power. A naked contract, is one made without consideration, and, for that reason, it is void; a naked authority, is one given without any right in the agent, and wholly for the benefit of the principal. 2 Bouv. Inst. n. 1302. See Nudum Pactum.