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TeachMeFinance.com - explain Long Long The term 'Long ' as it applies to the area of agriculture can be defined as ' (1) One who has bought a futures contract or option to establish a market position; (2) a market position that obligates the holder to take delivery; (3) one who owns an inventory of commodities. The opposite of short'. Previous 5 Terms: logic problem Logical Observation Identifiers, Names And Codes loimic loimology London interbank offered rate (LIBOR) Next 5 Terms: Long Range Long Term Retention Long ton Long ton long waves About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.