(redirected from longer)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.


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 classic literature ?
The inevitable moment was not much longer to be delayed.
The following night the elder lady dreamt that she saw the Good Queen, who said, 'Do not weep any longer but follow my directions.
At length the King, recovering from his astonishment at recognising the brother who had been lost some years before, exclaimed, 'Yes, you are indeed my brother, and now that I have found you, take the throne to which I have no longer a right.
Listen," said the priest at last, and a singular calm had come over him; "you shall know all I am about to tell you that which I have hitherto hardly dared to say to myself, when furtively interrogating my conscience at those deep hours of the night when it is so dark that it seems as though God no longer saw us.
Then I perceived the snare of the demon, and I no longer doubted that you had come from hell and that you had come thence for my perdition.
Man thus absorbed, though he does not yet belong to God, already appertains no longer to the earth.
A forgetful, dissipated, indifferent life would be beyond my strength, now I have no longer Raoul with me.
He felt himself free and that nothing could hold him back any longer.
We will not know until we are dead, if it happens that we know anything when what we are we no longer are.
As he grew stronger, he found himself compelled to play alone, for the sister no longer lifted her head nor moved about.
Then there came a time when the grey cub no longer saw his father appearing and disappearing in the wall nor lying down asleep in the entrance.
At this third lie, his nose became longer than ever, so long that he could not even turn around.