REQUISITION Definition

REQUISITION is a written request to buy something. Usually, once approved, the requisition is then transformed into a purchase order.

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SHORT INTEREST is the total number of shares of a security that have been sold short that have not been repurchased to settle short positions in the market (covered). Currently there is no requirement that market participants report their short positions in OTCBB securities to FINRA.

PURCHASE AND LEASEBACK see SALE AND LEASEBACK.

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