LONG

By SovConn | May 22, 2013

long,adj.1. Holding a security or commodity in anticipation of a rise in price <a buyer long on pharmaceutical stock>.2. Of or relating to a purchase of securities or commodities in anticipation of rising prices <a long position>. Cf. SHORT.

long,adv. By a long purchase; into or in a long position <bought the wheat long>.
[Blacks Law 8th]

Posted in Law Dictionary Definitions