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Glossary > G > "Go long" Definition

Go long

The purchase of a security, commodity or financial instrument (e.g. shares) in the belief that the price will increase.The purchaser hopes to sell the shares at a higher price than he bought at and thus make a profit.

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Go long - The purchase of a security, commodity or financial instrument (e.g. shares) in the belief that the price will increase.The purchaser hopes to sell the shares at a higher price than he bought at and thus make a profit.

Go long : the purchase of a security, commodity or financial instrument (e.g. shares) in the belief that the price will increase.the purchaser hopes to sell the shares at a higher price than he bought at and thus make a profit.