Used in the context of general equities. Buy stock by accepting a floor broker's (listed) or dealer's ( O.T.C. ) Offer at an agreed-upon volume. Antithesis of hit the bid .
TAKE THE OFFER
Meaning of TAKE THE OFFER in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012