Functionality and Position

noun

• Capable of serving a purpose well.
  • usage: "software with greater functionality"

noun

• The particular portion of space occupied by something.
  • usage: "he put the lamp back in its place"
  • synonyms: place
• A point occupied by troops for tactical reasons.
  • synonyms: military position
• A way of regarding situations or topics etc..
  • usage: "consider what follows from the positivist view"
  • synonyms: view, perspective
• The arrangement of the body and its limbs.
  • usage: "he assumed an attitude of surrender"
  • synonyms: posture, attitude
• The relative position or standing of things or especially persons in a society.
  • usage: "he had the status of a minor"; "the novel attained the status of a classic"; "atheists do not enjoy a favorable position in American life"
  • synonyms: status
• A job in an organization.
  • usage: "he occupied a post in the treasury"
  • synonyms: post, berth, office, spot, billet, place, situation
• The spatial property of a place where or way in which something is situated.
  • usage: "the position of the hands on the clock"; "he specified the spatial relations of every piece of furniture on the stage"
  • synonyms: spatial relation
• The appropriate or customary location.
  • usage: "the cars were in position"
• In team sports. ( the role assigned to an individual player)
  • usage: "what position does he play"
• The act of putting something in a certain place.
  • synonyms: placement, location, locating, positioning, emplacement
• A condition or position in which you find yourself.
  • usage: "the unpleasant situation (or position) of having to choose between two evils"; "found herself in a very fortunate situation"
  • synonyms: situation
• A rationalized mental attitude.
  • synonyms: stance, posture
• An opinion that is held in opposition to another in an argument or dispute.
  • usage: "there are two sides to every question"
  • synonyms: side
• An item on a list or in a sequence.
  • usage: "in the second place"; "moved from third to fifth position"
  • synonyms: place
• The post or function properly or customarily occupied or served by another.
  • usage: "can you go in my stead"; "took his place"; "in lieu of"
  • synonyms: stead, place, lieu
• The act of positing; an assumption taken as a postulate or axiom.

verb

• Cause to be in an appropriate place, state, or relation.
• Put into a certain place or abstract location.
  • usage: "Put your things here"; "Set the tray down"; "Set the dogs on the scent of the missing children"; "Place emphasis on a certain point"
  • synonyms: put, set, place, pose, lay

• (n.) Relative place or standing; social or official rank; as, a person of position; hence, office; post; as, to lose one's position.
• (v.t.) To indicate the position of; to place.
• (n.) A method of solving a problem by one or two suppositions; -- called also the rule of trial and error.
• (n.) The spot where a person or thing is placed or takes a place; site; place; station; situation; as, the position of man in creation; the fleet changed its position.
• (n.) Hence: The ground which any one takes in an argument or controversy; the point of view from which any one proceeds to a discussion; also, a principle laid down as the basis of reasoning; a proposition; a thesis; as, to define one's position; to appear in a false position.
• (n.) The state of being posited or placed; the manner in which anything is placed; attitude; condition; as, a firm, an inclined or an upright position.

Position is a market commitment; the number of contracts bought or sold for which no offsetting transaction has been entered into. The buyer of a commodity is said to have a long position, and the seller of a commodity is said to have a short position. Related: Open contracts.