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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 ?
Among those who work mostly or exclusively in longhand are John Irving, Stephen King, Philip Pullman, Annie Proulx and John le Carre.
Personally, I've written 18 books with a pen in longhand.
While legend has it that Obama writes his own speeches in longhand on a legal pad, a better historical account will show that he offers input and Favreau crafts them.
In her Foreword, Ackerman reports that West's condition has since improved to the point that he has completed the manuscript of a new novel in longhand.
And I can guess the age of loyal readers who eschew e-mail and write notes to me in what we used to call longhand.
Instead of coming in with a glossed-over computer application, she wrote it in longhand.
Briefly, we read from original copy, often written in longhand by a reporter and more often than not well nigh unreadable, to the reader, who made corrections on a galley proof.
Artobiography is neither a typical written book nor a typical graphic novel; each page is divided into three or four sections, and each section features a black-and-white sketch of a scene from Seiden's life, with a brief yet appropriate caption written in cursive longhand.
From holding back on premature editing and using longhand to avoid mistakes made by computer editing choices to using tips and exercises to streamline the editing process, THE ARTFUL EDIT is packed with insights important for aspiring writers.
Few editors believe anymore that a homespun politician sits at the kitchen table at night and writes in longhand an op-ed for the local newspaper.
It took about six months to produce - three months to write out in longhand and another three to type it all up.