bonds issued by the British government that are repaid a long time in the future, usually ten or fifteen years
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longs UK US /lɒŋz/ noun [plural] FINANCE
► (also long gilts, long-dated gilts, long-term gilts) UK government bonds that will be paid back more than 15 years in the future: »
Switching the debt into longer-term paper would boost the supply of longs and push down prices.
»LIFFE's futures contract for long gilts is one of the ten most heavily traded contracts in the world.
► shares, bonds, etc. that an investor is keeping and planning to sell at a profit when the price rises: »
The stock moved up and down sharply as a tug-of-war game was played out between the shorts and the longs.
Financial and business terms. 2012.