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TeachMeFinance.com - explain Taken up historic definition... Taken up -- When a speculator who has bought a stock on margin pays for it in full he is said to have taken it up. On the London Stock Exchange a buyer takes up stock when instead of carrying over his bargain he pays for the stock and has it registered in his name. 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.