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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 ?
All but the DC Circuit also rejected the government's arguments that long-distance telephone service falls under either (1) Sec.
which would remain the nation's largest long-distance company.
In addition to the 10 percent discount, consumers can benefit from using AT&T for these local long-distance calls in several other ways.
At present there is only one formal challenge to what is considered Bell Canada's monopoly of long-distance service.
Endesa shareholders entitled to attend and vote may cast their vote in relation to the agenda items of the Extraordinary General Shareholders' Meeting through long-distance communication and prior to the General Meeting being held, in the terms contemplated by the Spanish Corporations Law, article 30 bis of the Corporate Bylaws, and articles 10 and 20 bis of the General Meeting Regulations.
GTE, a unique hybrid of local- and long-distance services, doesn't face the same restrictions that shackle the nation's five regional Baby Bells, which are barred from getting into the long-distance business until they open their local-phone markets to rivals.
The company has achieved stability in consolidated EBITDA and cash flow over the past two years despite eroding long-distance revenues.
The local phone companies collect about $23 billion a year in access fees - mostly charged to long-distance companies for beginning and ending calls.
There's no change in the way consumers dial other long-distance calls.
By implementing AMD Sempron processor-based Lenovo Qitian M 6200 systems in the Hebei long-distance education project, Lenovo demonstrates its commitment to China's education.
The Federal Communications Commission (FCC) reported that long-distance prices fell nearly 19 percent from 1992 to 1995.
to provide long-distance services to our existing U.