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long definition - finance
A synonym for buy. If an investor owns 50 futures contracts and 100 shares of common stock, the investor is said to be long 50 futures contracts and long 100 shares of common stock. A trader who is long expects prices to rise. Long is the opposite of short, which corresponds to a sale of shares of futures contracts or common stock.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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