pair-off

pair-off
A security purchase transaction that is closed out or sold on or before the settlement or expiration date. In a pair-off, the investor commits to purchase a security. Then, prior to the predetermined settlement date, the investor offsets that purchase with a sale of the same security that is arranged to settle on or before the settlement date for the purchase. Instead of paying for the purchased security on the settlement date, the investor need only pay or receive the difference between the purchase and sale prices. Pair-offs are price speculations that are considered trading activities and may be criticized by bank examiners if not handled as trading activities. American Banker Glossary

Financial and business terms. 2012.

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  • pair off — {v.} 1. To make a pair of; put two together; associate; match. * /Mrs. Smith paired off her guests by age and tastes./ 2. To belong to a pair; become one of a pair. * /Jane paired off with Alice in a tennis doubles match./ 3. To divide or join… …   Dictionary of American idioms

  • pair off — {v.} 1. To make a pair of; put two together; associate; match. * /Mrs. Smith paired off her guests by age and tastes./ 2. To belong to a pair; become one of a pair. * /Jane paired off with Alice in a tennis doubles match./ 3. To divide or join… …   Dictionary of American idioms

  • pair off — verb form a pair or pairs The two old friends paired off • Syn: ↑pair, ↑partner off, ↑couple • Derivationally related forms: ↑couple (for: ↑couple), ↑ …   Useful english dictionary

  • pair off — phrasal verb [intransitive/transitive] Word forms pair off : present tense I/you/we/they pair off he/she/it pairs off present participle pairing off past tense paired off past participle paired off to start a romantic relationship with someone,… …   English dictionary

  • pair off — PHR V RECIP ERG When people pair off or are paired off, they form a pair, often in order to become girlfriend and boyfriend. [V n P with n] I knew she wouldn t be able to resist pairing me off with someone... [pl n V P] The squad members paired… …   English dictionary

  • pair off — v. (D; intr., tr.) to pair off with * * * [ peə(r) ɒf] (D; intr., tr.) to pair off with …   Combinatory dictionary

  • pair off (with somebody) — ˌpair ˈoff (with sb) | ˌpair sbˈoff (with sb) derived to come together, especially in order to have a romantic relationship; to bring two people together for this purpose • It seemed that all her friends were pairing off. • He s always trying to… …   Useful english dictionary

  • pair off — pair up Rachel paired up with Tommy Syn: get together, team up, form a couple, make a twosome, hook up, marry …   Thesaurus of popular words

  • pair off/pair up — find a partner, organize people in two s    The coach asked us to pair off and practise passing the ball to each other …   English idioms

  • pair\ off — v 1. To make a pair of; put two together; associate; match. Mrs. Smith paired off her guests by age and tastes. 2. To belong to a pair; become one of a pair. Jane paired off with Alice in a tennis doubles match. 3. To divide or join into pairs.… …   Словарь американских идиом

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