long-tail Meaning in the Cambridge English Dictionary

Meaning of “long-tail” in the English Dictionary

"long-tail" in Business English

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uk   us   INSURANCE
happening a ​longtime after the ​start of an ​insuranceagreement, or taking a ​longtime to be decided: a long-tail claim/risk This has paved the way for the ​company to ​handle old, long-tail ​claims.

long-tailnoun [U]

uk   us   ECONOMICS
(also Long Tail) the ​idea that the ​availability of ​productsonline has ​changed the ​economy by ​allowingcompanies to make a ​profitsellingsmallquantities of many ​products rather than large ​quantities of the same ​product: Part of Virgin's ​successgrew from ​carrying a diverse ​productline, which hints at ​author Chris Anderson's Long Tail ​theory.
(Definition of long-tail from the Cambridge Business English Dictionary © Cambridge University Press)
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