cover

(redirected from cover position)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.
Related to cover position: shorted

Cover

To protect or shelter; to make good; to insure. To cover a check means to deposit sufficient funds in a bank account to pay the amount written on a check or checks.

The right of a purchaser to buy goods other than those that were originally contracted for as a remedy in the event of a breach of contract by the seller.

In contract law concerning sales transactions, the Uniform Commercial Code provides that a buyer may use cover for protection in an action for breach of a sales contract. The person may, in Good Faith, purchase substitute goods when a seller violates their contract by failure to deliver goods. The buyer may then recover the difference between the original goods or contract price and the cost of cover.

cover

(Pretext), noun alleged reason, camouflage, claim, disguise, excuse, guise, mask, obtegere, operire, pretense, profession, screen, sham, subterfuge, velare

cover

(Protection), noun blanket, coating, covering, coverture, guard, integument, safeguard, sheath, shelter, shield, veneer

cover

(Substitute), noun alternate, alternative, equivvlent item, exchange, replacement, similar item, stand-in, substitution

cover

(Conceal), verb becloud, befog, bury, cloak, curtain, disguise, enshroud, hide, keep out of sight, mask, obscure, put out of sight, screen, seclude, shroud, veil, velare
Associated concepts: cover one's assets

cover

(Guard), verb care for, defend, ensure, harbor, insure, keep in safety, keep safe from harm, keep under close watch, make safe, protect, safeguard, secure, sheathe, shelter, shield, take care of, watch over, wrap

cover

(Provide for), verb compensate for, insure, make compensation, make provision for, pay, recompense, replace, substitute, suffice to defray
Associated concepts: buyer's right to cover
See also: artifice, blind, camouflage, circumvent, cloak, close, clothe, comprehend, conceal, concealment, consist, disguise, embrace, encompass, ensconce, enshroud, envelop, guard, harbor, hedge, hide, include, incorporate, maintain, obfuscate, obliterate, obnubilate, obscure, occlude, outbalance, overlap, patrol, penumbra, perambulate, pretense, pretext, protect, protection, publish, safeguard, screen, seal, seclude, shelter, shield, shroud, shut, spread, sustain, veil
References in periodicals archive ?
The immediate need to cover positions in developed markets translated into severe funding shortages in local banks, who relied on the global banks for the short term cash they passed onto local importers and exporters.
A lot of people were trying to get out all at once, going short trying to cover positions, liquidating longs," said Bart Melek of TD Securities.
The jobs would cover positions for customer service, sales and claims departments.
The jobs offered cover positions such as engineer, beauty consultant, driver, forklift truck driver, gardener, storekeeper, technician, chef, waiter/waitress, shop assistant, cashier, security guard and cleaner.
Shelly says this started with a flurry in buying activity while supplies were tight, which drove up prices and forced traders to cover positions, which ultimately moved prices up even further.
At any given location you can jog between two or three cover positions or just hang out in the open and fire away.
The Scottish international midfielder said: "We've had to field a lot of young players to cover positions.
Mr Leeson later came up with the theory that his immediate bosses, who should have been questioning his margin calls for extra cash to cover positions were too embarrassed to enquire too closely because it could have exposed their lack of knowledge about the futures and options markets.
The fall in oil prices and the fact that foreign investors had to sell out of emerging markets to cover positions in their home markets had an impact on ADX, but these were not the main reasons stock market prices in Abu Dhabi fell in the second half of 2008", he said.
He said that the British troops had been surprised at how extensive the Taliban's defensive complex was, with 40 metre long trenches, a metre wide and more than 2 metres deep with a network of firing points and cover positions.