Leg Up

Business / Finance / Leg Up: Used in the context of general equities. (1)Have a portion of the offsetting side of a trade in your pocket (spoken for) so your capital risk in the transaction is reduced. (Purchase of 10,000 of a 50,000 buy order leaves the trader a 'leg up'.) (2) Complete one side of a two-sided transaction, as in a swap or contingency order.

Other Words for Leg

Leg Noun Synonyms: limb, member, pin, peg, stump, gam
Leg Adjective Synonyms: support, brace, prop, upright, standard, column, pillar


Business / Machine Shop / Setup: The preparation of a machine tool to complete a specific operation. It includes mounting the workpiece and necessary tools and fixtures and selecting the proper speeds, feeds, depth of cut and coolant MORE

Sextuple Meter

Entertainment / Music / Sextuple Meter: Compound metrical pattern of six beats to a measure. (1 - 2 - 3 - 4 - 5 - 6). Notice that each beat subdivides into three rather than two. MORE

Shape Up

Entertainment / Basketball / Shape Up: A term used to describe the movement of the screener toward the ball after the screen has been set. MORE