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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 ?
The tight barrel/cylinder gap common on all FA single actions and the longish barrel combined to account for impressive velocities, as well.
I'm sure I was one of them myself: people who came to Africa for a longish period of time to sort of legitimize their blackness and then return with this boon.
We've found that a jug with longish threads works better than one with a short thread.
There's also a trace of olive oil in the texture, with a dry and longish finish.
I can't figure out whether it was a bold move against the conventions of fiction or some failure of nerve on the part of the author to maintain a young girl as the central character in a longish novel ostensibly about the great
But even with all this weighing in, the story on Capote is far from complete: Despite a longish section on his groundbreaking true-crime "nonfiction novel" In Cold Blood, cover age of Capote's writing career is modest, and his stint as a playwright in the early '50s is all but passed over.
Each author is represented by a longish critique and a shortish quotation.
Then get a longish, not too heavy piece or two of driftwood, and start attaching these things with glue and string.
Previous issues have also occasionally had correspondence, and this issue includes two longish letters in response to the surveys in the last issue.
To boot, his first act lasted for a longish period and yet never for a moment he showed any sign of creative fatigue.
He said of his longish Christmas break in this country, 'I have been spending as much time as I can with my family, teaching voice privately and doing some projects with MusicArtes after our 'Schone Mullerin.
A longish read, this novel deserves that much over-used cliche, a page-turner: it is undoubtedly a compelling narrative.