• Is a purchased position or a party who is bullish on the market.
• (1) Owning a debt security, stock, or other asset. (2) Owning more than one has contracted to deliver.
• One who has bought a contract(s) to establish a market position and who has not yet closed out this position through an offsetting sale; the opposite of short.
• Or Long Position. Describes the owning of a Security. An owner of shares of McDonald's Corp. is said to be long McDonald's or has a long position in McDonald's.
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| ||Referenced Terms|
| ||Activities of daily living: ADLs|
Activities of Daily Living are terms used in Long term care insurance policies or programs to specify someone s ability to function independently. ADLs usually include eating, dressing, bathing, transferring in & out of bed, and using the toilet, though some definitions are more liberal than others. LTC insurance policies often base eligibility for benefits on inability to perform 2 or 3 ADLs.
| ||Actual hedging: Is the risk management of a position when a hedger has a bona fide Long or short actual position and is involved in an offsetting transaction. This offset is usually in the derivatives market.|
| ||Assignment: The receipt of an exercise notice by an options writer that requires the writer to sell (in the case of a call) or purchase (in the case of a put) the underlying security at the specified strike price.Is the action for the seller of the option of acquiring the opposite position when an option is exercised. When a put is exercised, the writer receives a Long position in securities or a long futures contract. When a call is exercised, the writer receives a short position in the securities or a short futures contract.A voluntary liquidation procedure by which a firm's creditors pass the power to liquidate the firm's assets to an adjustment bureau, a trade association, or a third party, which is designated the assignee.|
| ||Ban bank anticipation notes: Notes issued by states and municipalities to obtain interim financing for projects that will eventually be funded Long term through the sale of a bond issue.|
| ||Bans: Bond anticipation notes are issued by states and municipalities to obtain interim financing for projects that will eventually be funded Long term through the sale of a bond issue.|
| ||Related Terms|