Longs


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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.

Longs

BONDS, DEBENTURES and PREFERENCE SHARES which have a redemption date of 15 years or more.
References in classic literature ?
After about ten minutes a knock came to the door, and the servant entered, carrying a large mahogany chest of chemicals, with a long coil of steel and platinum wire and two rather curiously shaped iron clamps.
I know there must be a long--long--epistle for me on the road, containing those descriptions and incidents you promised to favour me with: how I long to read them, and to show them to my aunt Margaret, who, I believe, does not suspect you to be capable of doing that which I know, or rather feel, you can.
and everybody loves him and asks him to forgive them, which he does in a few well-chosen and sarcastic words, and blesses them; and he seems to have generally such a good time of it that all the young fellows who are not shy long to be shy.
All the beauty that had forsaken her face seemed to have taken refuge in the long pale fingers and faintly dimpled knuckles on his sleeve, and he said to himself: "If it were only to see her hand again I should have to follow her--.
Casaubon as ingeniously as he could; but he did not in the end prevent the time from seeming long to that gentleman, as was clear from his expressing a fear that Mrs.
For example, look at the long hairs on my tail, with which I can whisk away the flies.
Some one else will save me the trouble of scattering that phonograph," said he; "for it is not possible that such a music-maker can last long in the Land of Oz.
All but a few, who are from the eggs of the preceding king, as was Luud; but Luud has lived a long time and not many of the others are left.
The city itself was still a long way off, but all around it was a green meadow as pretty as a well-kept lawn, and in this were neither houses nor farms to spoil the beauty of the scene.
From this point des Lupeaulx went on with a long tirade about the Grand Almoner and the dangers the government ran in relying upon the church and upon the Jesuits.
After a time he was at school for a few years, but he went from one school to another, never staying long at any, and so never learning much.
Felicity says she just longs to be grown-up, but I don't, not a bit.