jump ball

Meanings

1. 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.
2. Metaphor for a contest too close to call.
3. In the context of general equities,
4. Deal in which no trading house has exclusivity (each firm is in direct competition for a piece of business).
5. 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.