Position and Assertion

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.

noun

• A declaration that is made emphatically (as if no supporting evidence were necessary.
  • synonyms: averment, asseveration
• The act of affirming or asserting or stating something.
  • synonyms: affirmation, statement

• (n.) The act of asserting or that which is asserted; positive declaration or averment; affirmation; statement asserted; position advanced.
• (n.) Maintenance; vindication; as, the assertion of one's rights or prerogatives.

Explicit or implicit representations by an entity's management that are embodied in financial statement components and for which the auditor obtains and evaluates evidential matter when forming his or her opinion on the entity's financial statements.