LONG (19)


Meaning of LONG (19) in English

(a.) Having a supply of stocks or goods; prepared for, or depending for a profit upon, advance in prices; as, long of cotton. Hence, the phrases: to be, or go, long of the market, to be on the long side of the market, to hold products or securities for a rise in price, esp. when bought on a margin.

Webster's English dictionary.      Английский словарь Webster.