long position

noun

noun

Business, Finance A financial instrument bought with the expectation that it will increase in value.

Among the bets the Pure Alpha fund placed last year were long positions in Treasury bonds, the Japanese yen, and gold, and short positions in the euro and European sovereign debt.2011 July 18, John Cassidy, “Mastering the Machine”, in The New Yorker, →ISSN:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.