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.

leg

One side of a combination option. See also leg lifting, leg on, long leg, short leg.
References in periodicals archive ?
To facilitate the assembly of the components, the lower and upper ends of the artificial tibias prepared were not modeled to resemble the lower and upper ends of a natural tibia.
Male mid tibia with ad at 9/31 (short), 15/31, 22/31, 24/31 (all three strong); pd at 12/31 and 25/31 (both very strong).
The existence of two rows of ossification centers in tarsus joint region in birds (hock joint) is completely obvious which is fused with tibia from proximal extremity and to big metatarsus from distal extremity (Figure 4).
Effects of 1alpha-hydroxycholecalciferol on growth performance, parameters of tibia and plasma, meat quality, and type IIb sodium phosphate cotransporter gene expression of one- to twenty-one-day-old broilers.
An account of some cases of chronic abscess of the tibia.
A long titanium stem anchors half of the implant within the tibia.
A club statement read: "During yesterday's match against Stoke City, Aaron Ramsey sustained fractures to the tibia and fibula in his right leg.
He has a depressed fracture of the tibia, an injury first picked up in the Atletico Madrid home match last month.
Tyler Honeycutt has a stress reaction in his right tibia.
In the new study, researchers said because the link appeared strongest between blood levels in the tibia compared to the patella and blood, "lead exposure in the distant past may be more important than relatively recent exposures in influencing cognitive function in these women because tibia lead levels measure cumulative exposures over the past decades.
Males further distinguished from other species by the presence of 6 tibial trichobothria on the pedipalpal tibia as well as the shape of the distal sclerite of the male pedipalp (DMS) which is sickle-shaped and pointed in prolateral view (Fig.
The hr-pQCT scanners image only peripheral sites such as small areas of the radius and tibia and possibly the calcaneus, while hrMRI covers larger areas of the radius, tibia, and possibly the femur.