The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

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.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.