The purchasing of goods or securities that have been sold short (see short position) so that the open position is closed. A dealer in commodities, securities, or foreign exchanges hopes to cover shorts at below the selling price in order to make a profit. Dealers cover their shorts when they expect the market to turn or when it has already started to move upwards.

• London Inter Bank Bid Rate
• London Inter Bank Currency Options Market
• London Inter Bank Mean Rate
• London Inter Bank Offered Rate
• London International Financial Futures and Options Exchange
• London International Insurance and Reinsurance Market Association
• London Metal Exchange
• London rules
• London Securities and Derivatives Exchange
• London Stock Exchange
• London Sugar Futures Market
• London Traded Options Market
• London Underwriting Centre
• long-dated forward
• long-dated gilt
• long-funded
• long hedging
• long position
• longs
• long-term bond
• long-term contract
• long-term debt
• long-term equity anticipation securities
• long-term liability
• long-term prime rate