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Long

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.

long

References in periodicals archive ?
Chorus: For days long ago, my dear, For days long ago, We'll drink a cup of kindness yet, For days long ago
Partly in response to the shift problem, smart hospital gift shop volunteers realized long ago that they could become "personal shoppers" for hospital employees for items such as toys, games, greeting cards, books, jewelry, general gift items and limited apparel, such as T-shirts, caps, scarves and personal leather goods.
I unequivocally disavow fatherhood of this architectural movement," he insisted in a theme issue devoted to postmodernism, a topic as taboo in academic circles as it is ubiquitous in the commercial landscape Venturi long ago emphatically declared to be "almost all right.
The Clone Wars are about to begin in the Star Wars movies, but they're also heating up not so long ago and not so far away.
The tradition of jurisprudence long held that among the law's most important aims is to make an end to strife, that to do that it's necessary to require that most claims not pressed with some promptness be extinguished forever, and that the harshness of arbitrary time limits must be balanced against the harshness of leaving people forever insecure in their property, having at any moment to fend off attacks on their title based on events of long ago.
Children of Long Ago is about the happy times in Leslie Jones Little's life.
The European Union long ago put a stiff 14 percent tariff on imported semiconductor chips to protect its fledgling chip industry.
Not too long ago, a group of seven-year-old blind children visited the Library for the Blind and Reading Disabled.
Oh, have you heard, and it was not long ago, how they killed the sweetest singer of cajun zydeco?
Almost all the merchantable timber was cleared or heavily logged long ago, and everyone knows we have very little of that type of virgin forest left.
However, what attracted me the most was an attitude I was warned against from the time I first sat down so long ago.