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Leg |
Also found in: Medical, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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Leg A prolonged trend in stock market prices, such as a multiple-period bull market; or, an option that is one side of a spread transaction. See: Lifting a leg.
Leg In a swap, the individual future cash flows that are swapped. The legs are calculated over a notional principal amount, which is not exchanged between the counterparties. Thus, in a swap, the only things traded are the two legs, which each party pays the other at set intervals over the life of the contract. For example, in an interest rate swap, one party may agree to pay the other a fixed interest rate over a notional value while the second party may agree to pay a variable interest rate over the same notional value. In this case, the fixed interest rate and the variable interest rate are the swap's two legs. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| For example, regular stair-climbing sessions improve endurance and strengthen leg muscles at the same time. The increased number of leg muscle capillaries, a higher density of oxygen processing mitochondria, more red blood cells, and other gradual cardiovascular changes will lay the groundwork for the strength that will sustain you over the long haul of your entire running career. The researchers then removed a tissue sample from a leg muscle in each volunteer and grew the cells for several weeks in the lab. |
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