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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

leg

One side of a combination option. See also leg lifting, leg on, long leg, short leg.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
En la hemimelia de la tibia, al igual que en la hemimelia del perone, el hueso deficiente es usualmente remplazado por una banda fibrosa o fibrocartilagenosa.
Our report describes the case of an adolescent patient diagnosed with bilateral symmetric FD in the tibias, the first such presentation in the literature.
The ranges, means, and averages for various parameters were determined by the left and right side bones and by the femur, tibia, and fibula separately, and were compared using Student's f-test.
The concentration of Ca and P in serum and tibia bones of experimental birds are given in Table III.
A poor tackle from Ryan Shawcross resulted in the then-youngster suffering a doublefracture to his leg - breaking both his tibia and fibula and undergoing surgery to fix the issue.
Plan was made for extramedullary referencing for both tibia and femur.
Extraosseous blood supply of the tibia and the effects of different plating techniques: a human cadaveric study.
Caption: The cranial cruciate ligament prevents the tibia from moving forward in relation to the femur.
Nahrendorf's group also observed that six hours after stroke, there were fewer neutrophils in the skull bone marrow than in the tibia bone marrow, suggesting that the skull marrow released many more cells to the injury site.