The purchase of stock with cash in the hope of earning a capital gain is known as taking a

Name: The purchase of stock with cash in the hope of earning a capital gain is known as taking a
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

Taking a long position in a stock involves buying the stock outright with the expectation that its value will increase over time, allowing the investor to sell it at a profit. This is typically done with cash, without borrowing funds or using leverage, distinguishing it from a margined position.

The Purchase of Stock with Cash in the Hope of Earning