long


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Long

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.

long

References in classic literature ?
Long slunk back, muttering inarticulate threats, and Saxon moved on as in a dream.
Fogg and Aouda, followed by Passepartout, who in his hurry had retained his wings, and nose six feet long, stepped upon the American steamer.
And then Mary Lennox was led up a broad staircase and down a long corridor and up a short flight of steps and through another corridor and another, until a door opened in a wall and she found herself in a room with a fire in it and a supper on a table.
"Yes, you will meet her soon, for the sunlight told me she was near; tell her we long to see her again, and are waiting to welcome her back," said the blue flower, dancing for joy on her stem, as she nodded and smiled on the Spirit.
As soon as I was clear of the thicket, I ran as I never ran before, scarce minding the direction of my flight, so long as it led me from the murderers; and as I ran, fear grew and grew upon me until it turned into a kind of frenzy.
Come on, Bob; we'll go around to a place I know of, and have a good long talk about old times."
And this long row seemed particularly hard work to Levin; but when the end was reached and Tit, shouldering his scythe, began with deliberate stride returning on the tracks left by his heels in the cut grass, and Levin walked back in the same way over the space he had cut, in spite of the sweat that ran in streams over his face and fell in drops down his nose, and drenched his back as though he had been soaked in water, he felt very happy.
But the sausage remained so long away, that they became uneasy, and the bird flew out to meet him.
"For ten long Earth years I have been praying and hoping for the day that would carry me once more to this grim old planet of yours, for which, with all its cruel and terrible customs, I feel a bond of sympathy and love even greater than for the world that gave me birth.
As long as most of the links between any two species are unknown, if any one link or intermediate variety be discovered, it will simply be classed as another and distinct species.
"Always once one--that maketh two in the long run!"
The other unhappy men had been so long without food, that they could not with impunity indulge in the simplest aliments that were given them.