Hit

A dealer who agrees to sell at the bid price quoted by another dealer is said to "hit" that bid. The New York Times Financial Glossary

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I. hit hit 1 [hɪt] verb hit PTandPP hitting PRESPART
1. [transitive] to reach a particular level or number:

• Profits should hit $23 million this year.

• The company's shares hit a 52-week high of $34 last Friday.

2. [transitive] to have a bad effect on something:

• Strikes hit several ports in Australia last month.

• The industry has been badly hit by the rise in oil prices.

• A number of computer retail chains have been hit hard by the recession.

3. [intransitive] when a recession hits, it begins:

• A final blow to the company came when the recession hit in 1990.

4. hit the market/​shops/​shelves to become available for people to buy:

• This new generation of computers is expected to hit the market some time next year.

5. hit the jackpot to be very successful and make a lot of money:

• The company hit the jackpot with its New Kids range of clothing.

  [m0] II. hit hit 2 noun [countable]
1. something that is extremely popular and successful:

• Their latest computer game has been a big hit with customers.

• The group is currently on tour promoting its latest hit single.

2. take a hit if a person or organization takes a hit, they suffer from a problem:

• The construction industry took a serious hit as jobs declined by 37,000 during the first 10 months of the year.

3. take a hit FINANCE if a company takes a hit in its financial results, it pays a charge (= a cost related to a particular event, usually one that is not repeated in later periods of time ) :

• The bank took a huge hit in charges to clean up the mess in its African subsidiaries.

4. COMPUTING an occasion when someone looks at a particular website on the Internet:

• The Winter Olympics website had over 600 million hits in 16 days.

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   Market talk for the acceptance of a specific bid or offer price by a counterparty.

* * *

Ⅰ.
hit UK US /hɪt/ verb (-tt-, hit)
[I or T] to have an unpleasant or negative effect on someone or something : »

Rising fuel costs hit industrial and rural areas worst.

»

Companies tend to be slow to lay off employees when hard times hit, but they are quicker to cease hiring.

be hit by sth »

Oil firms have been hit by a 10% increase in petroleum tax.

be hit with sth »

A tractor made in the United States and shipped to Chile is hit with $25,000 in tariffs and duties.

[T] to reach a particular level or amount, especially a very high or very low one: »

Sales hit $300 million within the first three years.

hit an all-time/a record high/low »

Last week property shares hit a record low.

»

The company is very capable of hitting its targets well ahead of schedule.

[T] INFORMAL to experience a difficult situation or stop making progress with something: »

Talks between the bosses and the union yesterday hit a major setback.

»

The project began smoothly, but then we began to hit some problems.

hit the market/shops/shelves — Cf. hit the shops/shelves
be hit hard/be hard hit (by sth) — Cf. be hit hard/be hard hit
hit a wall — Cf. hit a wall
hit bottom — Cf. hit bottom
hit it big — Cf. hit it big
hit the buffers — Cf. hit the buffers
hit the ground running — Cf. hit the ground running
hit the headlines — Cf. hit the headlines
hit the jackpot — Cf. hit the jackpot
hit the wall — Cf. hit the wall
Ⅱ.
hit UK US /hɪt/ noun [C]
a thing or person that is very popular or successful: a hit with sb/sth »

The Mexican restaurant is a huge hit with locals, who swear by the Mexican pizzas and fried bread dishes.

»

Plans call for doubling both the workforce and production if the vehicles prove a hit.

E-COMMERCE, MARKETING a visit to a particular website on the internet, which is then counted to calculate the number of people who see the website: attract/get/receive hits »

The site typically gets an average of about 400,000 hits a day.

something that has an unpleasant or negative effect on a person or thing: a hit to sth »

Investors are worried about the direct hit to consumer confidence.

»

For some businesses, the financial hit was substantial.

take a hit — Cf. take a hit

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • hit — hit …   Dictionnaire des rimes

  • hit — [hit] vt. hit, hitting [ME hitten < OE hittan < ON hitta, to hit upon, meet with < IE base * keid , to fall > Welsh cwydd, a fall] 1. to come against, usually with force; strike [the car hit the tree] 2. to give a blow to; strike;… …   English World dictionary

  • hit — ► VERB (hitting; past and past part. hit) 1) direct a blow at (someone or something) with one s hand or a tool or weapon. 2) propel (a ball) with a bat, racket, etc. 3) accidentally strike (part of one s body) against something. 4) (of a moving… …   English terms dictionary

  • hit*/*/*/ — [hɪt] (past tense past participle hit) verb I 1) [I/T] to move quickly against something, or to move an object quickly against something, touching it with force The glass smashed as it hit the ground.[/ex] The child was hitting the table with a… …   Dictionary for writing and speaking English

  • Hit — and the acronym HIT may refer to:;Science/Engineering * Homogeneous Isotropic Turbulence, Fluid Dynamics ;Sport * Hit (baseball) * High intensity training, a form of strength training;Music * Hit (album), by Peter Gabriel * Hits (disambiguation) …   Wikipedia

  • Hit — Hit, v. t. [imp. & p. p. {Hit}; p. pr. & vb. n. {Hitting}.] [OE. hitten, hutten, of Scand. origin; cf. Dan. hitte to hit, find, Sw. & Icel. hitta.] 1. To reach with a stroke or blow; to strike or touch, usually with force; especially, to reach or …   The Collaborative International Dictionary of English

  • Hit — Hit, n. 1. A striking against; the collision of one body against another; the stroke that touches anything. [1913 Webster] So he the famed Cilician fencer praised, And, at each hit, with wonder seems amazed. Dryden. [1913 Webster] 2. A stroke of… …   The Collaborative International Dictionary of English

  • Hit 'Em Up — «Hit Em Up» Sencillo de 2Pac con Outlawz del álbum Greatest Hits Formato 12 Grabación 1996 Género(s) Rap, West coast rap …   Wikipedia Español

  • Hit — puede referirse a: En inglés en el ámbito musical, se denomina hit a un sencillo exitoso. En este sentido, One hit wonder (en español: maravilla de un éxito) es un artista que generalmente sólo es conocido por un solo sencillo exitoso. 100… …   Wikipedia Español

  • Hīt — Arabic: هيت‎ …   Wikipedia

  • Hit FM — 225px Localización Madrid, España Eslogan Música Non Stop, 20.000 canciones sin publicidad Frecuencia Nacional Primera …   Wikipedia Español

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