(redirected from Long-playing record)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia.


One who has bought a contract to establish a market position and who has not yet closed out this position through an offsetting sale; the opposite of short.

Long Position

The ownership of a security or derivative, or the state of having bought one or the other. A long position brings with it the right to coupon payments or dividends attached to the security or derivative. Informally, one who owns 100 shares of a stock is said to be "long 100 of the stock." Likewise, an investor who has bought (or holds) an option is said to be "long the option" because he/she has the right to exercise the option at a later date. See also: Short position, Close a position.


References in periodicals archive ?
The oft-uttered truth of the matter, sonically speaking, is that long-playing records sound warmer and rounder than CDs.
With colleague Richard Colvig, he published Medieval and Renaissance Music on Long-Playing Records (1964), and a supplement (1973).
Some of the best jazz reading over the years has been found in the liner notes on the backs of long-playing records.
The collection also includes 40,000 vinyl long-playing records, many of which are original motion picture soundtrack recordings along with all other genres from classical to international.
CDs had yet to come, while the days of the long-playing records were numbered.
DOWN MEMORY LANE 1 The suit who hired The Who's Roger Daltrey to open HMV's digital download service would not have had a career-enhancing moment when the rock star launched into a passionate defence of old long-playing records.
The extensive discography is useful for illustrating some of the complex concepts he discusses throughout the book, though the author does stress that many of these recordings have faded into obscurity with the departure of long-playing records during the 1980s (p.
An advertisement for Wood's Music Shop offered "Three Long-Playing Records for the connoisseur of good music".
His salvation: buying and selling long-playing records.
Bolig does not list catalog numbers of any Caruso reissues on long-playing records except for first releases in that format.
It's because you are a bandy-legged, 53-year-old grandfather with a face as grooved as one of your long-playing records.
Long-playing records went out of production years ago, cassettes had only a short lifespan and then came CDs.