go long on sth

go long on sth
go long (on sth)
FINANCE, STOCK MARKET to buy or keep shares, etc. because you expect their price to rise, so that you can make a profit: »

The prospects for domestic demand growth in the eurozone are not great, so why not go long on sterling, where the prospects for domestic demand growth are still looking optimistic?

Compare SHORT(Cf. ↑short) adjective
See also LONG POSITION(Cf. ↑long position), LONGS(Cf. ↑longs)
Main Entry: long

Financial and business terms. 2012.

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Look at other dictionaries:

  • long on something — phrase having or doing too much of one thing a politician who is long on talk and short on action Thesaurus: too much, extra and moresynonym Main entry: long * * * ˈlong on sth idiom ( …   Useful english dictionary

  • beˈlong ˌto sth — phrasal verb to be a member of a group or organization She belongs to the school computer club.[/ex] …   Dictionary for writing and speaking English

  • long — long1 W1S1 [lɔŋ US lo:ŋ] adj comparative longer superlative longest ▬▬▬▬▬▬▬ 1¦(great length)¦ 2¦(great distance)¦ 3¦(large amount of time)¦ 4¦(particular length/distance/time)¦ 5¦(writing)¦ 6¦(clothing)¦ 7¦(tiring/boring)¦ …   Dictionary of contemporary English

  • long — long1 W1S1 [lɔŋ US lo:ŋ] adj comparative longer superlative longest ▬▬▬▬▬▬▬ 1¦(great length)¦ 2¦(great distance)¦ 3¦(large amount of time)¦ 4¦(particular length/distance/time)¦ 5¦(writing)¦ 6¦(clothing)¦ 7¦(tiring/boring)¦ …   Dictionary of contemporary English

  • long — 1 adjective 1 OBJECT/LINE measuring a great length or a greater length than usual from one end to the other: Cher used to have really long hair. | The line to get into the movie was so long we gave up. | The Aleutian Islands form the longest… …   Longman dictionary of contemporary English

  • Long — One who has bought a contract( s) to establish a market position and who has not yet closed out this position through an offsetting sale; the opposite of short. The New York Times Financial Glossary * * * ▪ I. long long 1 [lɒŋ ǁ lɒːŋ] adjective 1 …   Financial and business terms

  • long — One who has bought futures contracts or owns a cash commodity. Chicago Board of Trade glossary One who has purchased futures contracts or the cash commodity, but has not taken any action to offset his position. Also, purchasing a futures contract …   Financial and business terms

  • long live something — long live someone/​something phrase used for expressing your support for or loyalty to someone or something He was greeted with chants of ‘Long live the king!’ Thesaurus: ways of praising someone or somethingsynonym Main entry: long * * * long… …   Useful english dictionary

  • long live somebody — long live sb/sth idiom used to say that you hope sb/sth will live or last for a long time Main entry: ↑longidiom …   Useful english dictionary

  • long*/*/*/ — [lɒŋ] adj I 1) lasting for a large amount of time Ant: short He has a long history of mental illness.[/ex] It s a long time since I saw Rachel.[/ex] 2) measuring a large amount from one end to the other Ant: short It s the longest tunnel in… …   Dictionary for writing and speaking English

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