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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 ?
This suggests that in some cases the process of lengthening the long house had still to run its course when the entire settlement was relocated.
Henry was five years old when his father, a traditional person and faith keeper at the long house, reluctantly agreed to send him to the residential school.
Women carry bricks on their heads, men work to create a long house that will be used for festivities.
Y Cwch Gwenyn is a Long house in the grounds of Nantceiro which has the potential, with the correct planning permission and listed building consent, to be converted into further accommodation.
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.
Rose Cottage is an 18th Century long house near the harbour village of Solva.
Going down between the Sioux tipis is the Woodland Pamunkey long house.
INSIDE STORY This traditional Welsh long house has a hallway, lounge/dining room, kitchen/breakfast room, guest bedroom/study, shower room, four bedrooms, family bathroom and en suite.
Lenders are uncertain about future sources of funding and the cost of funding, while consumers are unsure about how much further and for how long house prices will continue to decline.
They've lived in Maxwell Place, Dorman town, for 44 years, in a Dorman Long house for which they initially paid a weekly rent of 35s 6d.
In Anchorage, stay at the Dimond Center Hotel, the Inlet Tower or the Long House Hotel.
The castle is approached through a Welsh hill farm with a 17th Century long house.