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Leg
(redirected from leg band)

   Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia 0.01 sec.
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.

leg
One side of a combination option. See also leg lifting, leg on, long leg, short leg.


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As she was bringing the bird back, a leg flipped up and I saw something shiny: a leg band.
To investigate, Anderson and Williams spent several months observing the habits of captive Caribbean flamingoes at Philadelphia Zoo, Pennsylvania, each of which carries a leg band that allows individuals to be identified.
Over the diaper, put on a pair of rubber pants with snug fitting waist and leg bands.
 
 
 
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