A long position, in financial terminology, refers to the ownership of a security or asset with the expectation that its value will rise over time. This strategy involves purchasing and holding the asset, anticipating a future profit from selling it at a higher price. The long position definition is crucial for investors aiming to capitalize on market appreciation.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.