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When the assets within a portfolio are sold or cashed out.

Additional Comments:

The closing of an existing position through the execution of an offsetting transaction.

Related Terms:

Offsetting Transaction
A trade that serves to cancel or offset some or all of the market risk of ...

An individual or firm that acts as a principal or counterparty to a transaction. ...

Covered Call
A strategy that involves buying stock shares and selling calls. If the calls are assigned, the ...

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