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Sunday, July 27, 2008

Location

Location is position in physical space, expressed in relative to other things' locations. A real location can often be designated by Cartesian coordinates. One's own personal location is often designated: "here"

AVL is Automatic Vehicle Location.

In finance, a position means entitlement to receive or obligation to deliver an asset or financial instrument, as in "long position" (ownership) and "short position" (obligation to deliver).

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