Financial Dictionary

This dictionary contains:
24549
financial terms

Leg




Leg

A term describing one side of a position with two or more sides. When a trader legs into a spread, they establish one side first, hoping for a favorable price movement so the other side can be executed at a better price.

RELATED TERMS
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Term
The period of time during which a contract is in force.

Position
A market commitment; the number of contracts bought or sold for which no offsetting transaction has been entered into.

Trader
Person or organization that earns money by buying goods, commodities, securities, etc. and selling them at a profit.

Spread
1) The gap between bid and ask prices of a stock or other security. 2) The simultaneous purchase and sale of separate futures or options contracts for the same commodity for delivery in different months. 3) Difference between the price at which an underwriter buys an issue from a firm and the price at which the underwriter sells it to the public. 4) The price an issuer pays above a benchmark fixed-income yield to borrow money.

Price
The cost of a good or service to the consumer.

Better
BETTER is a credit union with head office in MARION, IN



SIMILAR TERMS
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PREVIOUS AND NEXT TERMS
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Leasehold
An asset providing the right to use property under a lease agreement.

Leasehold improvement
Improvements on a leased asset that increase the value of the asset.

Leaves
Used in the context of general equities. Remains to buy or sell of a previously entered order after a report of partial execution has been given.

Ledger
A book in which the accounts of a business are kept.

Ledger cash
A firm's cash balance as reported in its financial statements. Also called book cash.

Leg

Legal bankruptcy
A legal proceeding for liquidating or reorganization a business.

Legal capital
Value at which a company's shares are recorded in its books.

Legal defeasance
The deposit of cash and permitted securities, as specified in the bond indenture, into an irrevocable trust sufficient to enable the issuer to fully discharge its obligations under the bond indenture.

Legal entity
A person or organization that can legally enter into a contract, and may therefore be sued for failure to comply with the terms of the contract.

Legal investments
Investments that a regulated entity is permitted to make under the rules and regulations that govern its conduct.

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This dictionary contains 24549 terms.







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