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Leg |
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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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| Each bird that visits one of the Sargents' special feeders will be marked with a tiny numbered leg band that will identify the bird if it returns to next year's event. It was clear from visual inspection in these experiments that in real situations the IPlay brand, with its additional sizing options and tighter leg and waist elastic bands, would probably provide better waist and leg band fitting for more children than the other two brands, whose leg and waist bands were less elastic with fewer size choices. The video reviews prepping procedure, parlor throughput tips, milking equipment and cow leg bands. |
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