Membership on an exchange, a requirement for transacting business on that exchange. also called exchange seat.

Use seat in a sentence

You should try and make sure that you always have a good seat at the table so that your voice is heard.

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I was sitting in the seat and then a guy came up to me and asked if he could sit next to me and I told him no.

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The seat was held by the vice president and famous venture capitalist, it is obvious the businessman has extensive experience.

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associate member New York Stock Exchange