Definition of "long-short" []

• A skirt somewhat shorter than a petticoat, worn by women when doing household work. (noun)

The Century Dictionary (Public Domain)

• "Among funds focused on so-called long-short strategies, which involve betting on and against stocks, a tendency for many individual stocks to move together has made it extremely challenging, traders say."
• "More-sophisticated investors can also hedge against volatility by using so-called long-short strategies, which attempt to generate stock-market returns, but with lower risk."
• "The hedge fund, run by well-known manager Steven Cohen , is "soft closing" the $14 billion long-short equities hedge fund, the person said, meaning that it isn't accepting capital from new investors for the time being, but may accept funds again at a later date."