One who has purchased a financial product or instrument, but has not taken any action to offset the position. A trader with a long position hopes to profit from a price increase
We have thousands of other terms listed on BankingGlossary.co.uk and are rapidly becoming the authoritative source on all investment and banking related definitions and terms. I hope that my definition has helped you understand Long.
If you are interested in finding out more on investment explanations such as Long then please sign up for the ‘Word of the Day’ email. You will receive one definition in your mailbox each morning. Its a great way to learn some new terms which will really help you be an all-round expert at work.
Example of Long in use?
Can you provide an example of ‘Long’? If so you could win 100 GBP of Amazon vouchers. Please comment below and one person will be selected at random on [date]. Thank-you