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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 ?
he was alright at first, with his eyes full of the land, because the land laid up-and-down ways then; it wasn't till that ere road come and switched the land around longways and his eyes still full of the land, that they begun to threaten me out of him" (p.
Slit the leek in half longways again leaving the bulb intact.
As the building was a virtual ruin, with roof and floors collapsed, the architects decided to remove them, and to prevent the party walls from collapsing inwards by using rectangular steel frames formed of U sections welded together longways as hollow sections.
Our putative time-traveller would still have found longways country dances being performed on feast days, even if some of the choreographic details and tunes used as accompaniments had altered somewhat over time and space.
These days you could park a couple of Hummer limos longways in the 55-place gap and still have room to spare for a supersize order of fries.