long-tail
adjective
INSURANCEukushappeningalongtimeafter thestartof aninsuranceagreement, or taking alongtimeto bedecided:
a long-tail claim/riskThis haspavedthe way for thecompanytohandleold, long-tailclaims.
long-tail
noun[U]
ECONOMICSukus(alsoLong Tail)
theideathat theavailabilityofproductsonlinehaschangedtheeconomybyallowingcompaniesto make aprofitsellingsmallquantitiesof manyproductsratherthanlargequantitiesof the sameproduct:
Part of Virgin'ssuccessgrewfromcarryingadiverseproductline, whichhintsatauthorChris Anderson's Long Tailtheory.