Definitions

corner

corner

[kawr-ner]
corner, securing of all or nearly all the supply of any commodity or stock so that its buyers are forced to pay exorbitant prices. Corners may be planned deliberately or may be brought about unintentionally, as through a fight for controlling interest in a corporation's stock. In the first type the operator acquires control of the particular commodity or shares and then induces other operators to promise to sell the commodity or stock by raising the market price to an unusually high level. The cornerer purchases such promises to sell. When the cornerer thinks he can make the biggest profit, he withdraws all his shares from the market, and those who have promised to sell find themselves "cornered"; that is, they have to buy stock from the cornerer at his own price to fulfill their contracts. The cornerer sets the price just low enough to keep the dealers from repudiating their contracts. To be successful, cornerers must have enough money to buy the necessary amount of shares or commodity. The Bible describes Joseph's corner of the grain in Egypt. A famous deliberate corner was Jim Fisk's and Jay Gould's corner of the U.S. gold supply in 1869; the move was frustrated when the federal government placed its own gold supply on sale. A notable illustration of the unintentional corner was that on the stock of the Northern Pacific Railway in 1901. Deliberate corners and other forms of price manipulation on the various stock and commodity exchanges are now illegal in the United States. The Securities and Exchange Commission, the New York Stock Exchange, and the Dept. of Agriculture seek to prevent corners.
A corner is the place where two lines of different dimensions meet at an angle, and a convex corner of intersecting walls is generally thought to be the least beneficial position to be in a life-or-death situation. From this notion was born the verb to corner, which is used to mean "To back (another person or animal) into a corner" and usually also carries a connotation of foul play.

A Metes and bounds deed begins at a corner marked by a monument and follows a line a given direction and distance to another corner marked by another monument following around and defining the boundary lines of a property. Typically, unless otherwise described or noted, a property corner is placed on the centerline dividing two parcels of land but on the extreme limit of any structure or building located on the boundaries of the property.

In square dance, corner refers to the person you are adjacent to who is not your partner. In standard positioning (boy on the left, girl on the right), this would be for men (or gents) the person standing to one's left, and for ladies the person standing to one's right. In square dance one will often change partners and corners during the course of a dance, in which case one can distinguish between the "original corner" and a "situational corner".

In sports such as football (soccer) or boxing, corner may refer to a person or position (cornerman).

In ice hockey, corners are the curvatures in the rink where the long side boards and shorter end boards meet.

A corner is also used in geography, such as the Four Corners Monument in the United States, marking the corner of state boundary lines.

A corner can also mean a bend in a road or a turn on a race track. Taking a corner better than the other drivers is key in true motor racing, such as Formula One, the World Rally Championship, etc.

In most fighting video games, the edge of the stage is referred to as the "corner," because much like a corner in a wall, it is typically a disadvantageous position, which allows for more combination attacks and makes escaping offensive pressure significantly more difficult.

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