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TeachMeFinance.com - explain Tack historic definition... Tack -- As a speculative term tack means the direction in which a speculator's interest lies. Tack is used as a synonym for side. If, for instance, a speculator is said to be on or to have taken the long tack or bull tack on a stock or on the market it is meant that he is long of (in London bull of) a stock or of the market. On the other hand, if a speculator is said to be on or to have taken the short or bear tack on a stock or on the market it is meant that he is short of (in London bear of) a stock or of the market. The term tack is used not only in speculation in stocks , but in speculation in grain, cotton, coffee, etc. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.