What is Mine and Yours?
'Mine' and 'yours' are colloquial references to buy and sell transactions.
How Does Mine and Yours Work?
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 Does Mine and Yours Matter?
Mine and yours are one example of the language used in the marketplace to facilitate trading.