Mine and Yours
What it is:
"Mine" and "yours" are colloquial references to buy and sell transactions.
How it works (Example):
Buy and sell trades are a cornerstone of the capital market. Traders use the terms "mine" and "yours" to indicate a desire to buy or sell securities, respectively. For example, a trader might tell another trader "it's mine" to indicate that he or she wishes to purchase a stock from a person who wishes to sell it.
Why it Matters:
Mine and yours are one example of the language used in the marketplace to facilitate trading. To see other examples of investing lingo, see our article about 10 Strange Investment Terms Explained.
