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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 periodicals archive ?
MOJAVE - Adventurer Steve Fossett is planning to start his attempt for history's longest distance nonstop airplane flight Tuesday.
First, it is natural to seek the longest heterogrammic first and last names.
Dreamfall: The Longest Journey', winner of multiple E3 awards as the best game in its genre, is the continuation of a saga that began in the award-winning 'The Longest Journey', considered to be one of the finest adventure games ever made.
While winning "America's Longest Commute" contest is one way to beat rising gas prices, there are many easy and basic steps all motorists can take to help ease the pain.
Nelly, left, and Adam Sandler take the field in the remake of the football-in-prison comedy ``The Longest Yard.
In Australia Grant Denyer, the host of TV's breakfast show, 'Sunrise' attempted the longest bungee jump from a helicopter over Bondi Beach.
Maybe the Academy Awards won't have any Oscars ready for those involved in ``The Longest Yard.
Proline is the longest running sports analyst and handicapping show on TV, currently in its 25th year.
The world's longest nonstop, point-to-point, off-road race is chronicled in Dana Brown's ``Dust to Glory.
Although former USC receiver Mike Williams is remembered for so many big plays, his longest play last season was 40 yards.
MINNEAPOLIS -- Device with Most Powerful, Longest Lasting Battery Now Available to Help Patients with Difficult-to-Treat Chronic Pain