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Jump ball
Meaning
Noun
●
A method used to
begin
or
resume
play in
basketball
. Two
opposing
players
attempt
to
gain
control of the
ball
after it is
tossed up
into the
air
in between
them by an official.
●
Metaphor for a
contest
too
close to
call.
●
In the
context
of general equities,
Deal in which no
trading
house
has
exclusivity
(each
firm
is in
direct
competition
for a
piece
of business).
No
preference
in
picking
a particular
side
(buy/sell) of a
stock
as
profile
,
indicated
during the
block
call
,
indicate
that the
sales force
could have the
stock
either way.
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