Long Assets definition
Long Assets of a Portfolio means the total value of the Long Positions held by the Portfolio.
Examples of Long Assets in a sentence
The consideration has been arrived at after arm’s length negotiations between the Company and Geely Holding with reference to the appraised value for the Assets for Sale of RMB86,872,622 (equivalent to approximately HK$98,722,048) as at 31 October 2009 prepared by Shanghai Wan Long Assets Evaluation Co., Ltd and Taizhou Zhongtian Assets Evaluation Co., Ltd., the independent valuers, using cost approach, which will be satisfied in cash upon the passing of the title of the relevant assets being transferred.