A long position represents an investor's optimistic stance, as they purchase a security or derivative with the hopes that it will rise in value. Think of it as buying a ticket to the bull rodeo!
Long-Term Care (LTC) Insurance provides coverage for nursing-home care, home-health care, and other forms of assistance for individuals who require constant supervision.
Long-term liabilities are financial obligations that are due more than one year in the future, allowing companies to take a little breather before they pay up.