Round turn

(Naut.)

one turn of a rope round a timber, a belaying pin, etc.- Addison.

round turn

Round Trip

In futures and equities, to take a position and then later to close it. For example, an investor who buys a futures contract and then sells it and an investor who short sells a contract and then covers it are both round tripping. The practice is also called a round turn.

round turn

In futures trading, a completed trade involving the purchase and subsequent sale of a position, or the sale and subsequent covering purchase.

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