longs Meaning in the Cambridge English Dictionary

Meaning of “longs” in the English Dictionary

"longs" in Business English

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longsnoun [plural]

uk   us   /lɒŋz/ FINANCE
(also long gilts, long-dated gilts, long-term gilts) UK ​governmentbonds that will be ​paid back more than 15 ​years in the future: Switching the ​debt into longer-term ​paper would ​boost the ​supply of longs and ​push down ​prices. LIFFE's ​futurescontract for ​longgilts is one of the ten most ​heavilytradedcontracts in the ​world.
shares, ​bonds, etc. that an ​investor is ​keeping and ​planning to ​sell at a ​profit when the ​pricerises: The ​stockmoved up and down ​sharply as a tug-of-war ​game was played out between the ​shorts and the longs.
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(Definition of longs from the Cambridge Business English Dictionary © Cambridge University Press)
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