LONG (FINANCE)
In finance, a 'long' position in a security, such as a stock or a bond, or equivalently ''to be long'' a security, means the holder of the position owns the security and will profit if the price of the security goes up.
Similarly, a long position in a futures contract or similar derivative, means the holder of the position will profit if the price of the underlying security goes up.
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★ Short (finance)
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