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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.
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 ?
One generation (like Ashkar) embodied a deep, nostalgic connection with a country that's said to have flourished "not long ago."
We all need cheering up these days and what better way to do this than recalling happy times from long ago.
They seemed to think that we were down and out not that long ago.
Philip Rooney: World Expo in Shanghai would have been unimaginable not that long ago
Summary: She did not leave school that long ago, but Pixie Lott has been back to class in Essex to give pupils a music lesson.
One obstacle to reform of the CIA is its culture, which long ago became infected by the values of the Foreign Service, with which it shares quarters at American embassies throughout the world.
It wasn't long ago that Joe Lockhart was Bill Clinton's affable, preternaturally composed press secretary.
Architects today are showing increasing interest in what, not so long ago, might have been dismissed as indulgent ornament, decoration or facadeism; these days patterning, colour and wrapping form an unembarrassed part of the design vocabulary.
As long ago as 1904, theorists proposed that ants measure distance by their own strides.
As the intimate and inspiring tale of one man's incredible struggle to reconnect with three sisters he'd lost contact with so long ago, Twilight People is very highly recommended reading and a welcome addition to any community library collection.
Superbly illustrated and authored by Warabe Aska, Tapicero Tap Tap is the colorful tale told by grandfather Tapicero Tap Tap to his grandchildren about his long ago youth in a small Spanish village by the sea.
Hudson describes in his memoir FAR AWAY & LONG AGO: A CHILDHOOD IN ARGENTINA.