The Law Dictionary

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LONG POSITION Definition & Legal Meaning

Definition & Citations:

With the intention of holding purchase securities in anticipation of a price increase, an investor purchases or contracts to purchase commodities, financial instruments, and shares. An investor with a long position is called a bull speculator. Instead of offsetting it with a counter-contract, if the position is held into the delivery period, this speculator will receive delivery of the actual commodity, instrument, or share. Contrast to short position. Also known as long.

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