(redirected from Long-playing record)
Also found in: Dictionary, Thesaurus, Medical, Idioms, Encyclopedia.


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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Long-playing records were still something of a novelty but were sometimes programmed; most of the recordings were 78s.
Back then, each book had to be recorded on long-playing records.
1931: Long-playing records (33rpm) were demonstrated in New York by RCA-Victor, but the venture failed because of the high price of the players and the first real microgroove records did not appear until 1948.
DOWN MEMORY LANE 1 The suit who hired The Who's Roger Daltrey to open HMV's digital download service would not have had a career-enhancing moment when the rock star launched into a passionate defence of old long-playing records. "Nothing beats the rich quality of vinyl," he crooned.
With colleague Richard Colvig, he published Medieval and Renaissance Music on Long-Playing Records (1964), and a supplement (1973).
CDs had yet to come, while the days of the long-playing records were numbered.
His salvation: buying and selling long-playing records.
The extensive discography is useful for illustrating some of the complex concepts he discusses throughout the book, though the author does stress that many of these recordings have faded into obscurity with the departure of long-playing records during the 1980s (p.
It's because you are a bandy-legged, 53-year-old grandfather with a face as grooved as one of your long-playing records.
An advertisement for Wood's Music Shop offered "Three Long-Playing Records for the connoisseur of good music".
Bolig does not list catalog numbers of any Caruso reissues on long-playing records except for first releases in that format.
Long-playing records went out of production years ago, cassettes had only a short lifespan and then came CDs.