(redirected from long-distance)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia, Wikipedia.


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 ?
Some surveys even indicate that long-distance couples have equal or better relationship qualities than geographically close couples.
COSTS The profits generated by this regulatory arbitrage came from the pockets of all long-distance customers.
"We've seen significant reductions in the amount of our long-distance traffic, particularly at E.
Leclerc: Installations usually consist of a Denphone PBX, IP business telephones--we provide executive telephones produced by Polycom and Cisco--and connectivity to NTT, as well as connectivity via VOIP to other branch offices or to foreign-based long-distance providers for cost savings.
For further information about the new long-distance walking group contact Sue on 07870 814037.
In a case with essentially the same facts, OfficeMax purchased long-distance phone service from MCI WorldCom Communications and MCI Telecommunications Corp.
Using existing telephone and Internet lines, PhoneNet permits customers to make long-distance calls at a rate lower than other telephone providers because the calls are placed over the World Wide Web.
America's largest long-distance telephone carrier AT&T Inc has reported revenue down 11%, while profit fell 47%, as the company experienced stiff competition from local and mobile operators, as well as having to deal with restructuring and other charges.
Callers who have a qualified local plan with Verizon can pay just 5 cents a minute for long-distance calling from Verizon Long Distance with no monthly fee.
Under the agreement, the airline's HawaiianMiles members can earn up to 6,000 bonus miles for choosing Sprint for residential long-distance service.
Major long-distance players such as MCI Worldcom said they're fighting Qwest's move.