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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 ?
One day, he really hopes to take the chief up on his offer and return to the long house deep in the rain forest of Borneo to hunt frogs with his Iban friends.
I am inside a big and long house, just like a train, and everyone is laughing and sharing the food," the girl said, explaining her drawing on paper to the Inquirer.
Sunday at 327 River Road, behind the Old Mill Farm Store, in Cottage Grove; annual feast, a celebration of bounty of natural foods, will begin with traditional Nez Perce Long House drumming and songs, followed by traditional meal of wild-caught Columbia River salmon, traditionally hunted buffalo, camas, root vegetables, huckleberries, bitter root and fry bread; free; 360-280-1800 or lgould@jeffnet.
But the 54-year-old, of Long House Farm in Callerton, Newcastle, has had his six-year term cut to just four and a half after top judges decided his original sentence had been too harsh.
For the four-bedroom traditional Yorkshire long house is a definite reality - and you'll find it in Chopgate, outside Stokesley.
Mohammed Rafiq, of the Long House, in Great Alne, Alcester, Warwickshire, was imprisoned for six months after being convicted of two counts of perjury at Birmingham crown court in May.
Nobody knows how long house price falls will last, but people have plans and want to get on with enjoying retirement.
Rafiq, 48, of The Long House, Great Alne, Alcester, Warwickshire, pleaded guilty at Birmingham Crown Court to two charges of perjury after claiming at County Court hearings he was a Fellow of the Royal College of Surgeons of England and had a specialist qualification to do with spinal injuries.
To date they have found remains - such as six thousand year old stone axes - and more dating from the Mediaeval, Iron, Bronze and Neolithic ages, including possibly Iron Age round houses, a Neolithic Long House, and a Bronze Age Round House.
com> or at The Long House, 995 Dunoon Road, Modanville, NSW 2480, Australia.
It passed through areas above and below the cliff dwelling known as the Long House.
When he started attending the long house wearing the white shoes popularized by the king of rock n' roll, the nickname stuck to the troubled young man who had spent 11 years at residential school.