

leg
[leg]
noun, verb, legged, leg⋅ging.| 1. | either of the two lower limbs of a biped, as a human being, or any of the paired limbs of an animal, arthropod, etc., that support and move the body. |
| 2. | Anatomy. the lower limb of a human being from the knee to the ankle. |
| 3. | something resembling or suggesting a leg in use, position, or appearance. |
| 4. | the part of a garment that covers the leg: the leg of a stocking; trouser leg. |
| 5. | one of usually several, relatively tall, slender supports for a piece of furniture. |
| 6. | one of the sides of a forked object, as of a compass or pair of dividers. |
| 7. | one of the sides of a triangle other than the base or hypotenuse. |
| 8. | a timber, bar, or the like, serving to prop or shore up a structure. |
| 9. | one of the flanges of an angle iron. |
| 10. | one of the distinct sections of any course: the last leg of a trip. |
| 11. | Nautical.
|
| 12. | Sports.
|
| 13. | legs, (in wine tasting) the rivulets of wine that slowly descend along the inside of a glass after the wine has been swirled, sometimes regarded as an indication that the wine is full-bodied. |
| 14. | Cricket.
|
| 15. | Electricity. a component or branch of a circuit, network, antenna, etc. |
| 16. | Radio and Television. a connecting link between stations in a network, as the microwave relays used in transmitting a show from one geographical area to another. |
| 17. | bride 2 (def. 1). |
| 18. | to move or propel (a boat) with the legs: They legged the boat through the tunnel. |
| 19. | leg up, to help (someone) to mount a horse. |
| 20. | leg it, Informal. to walk rapidly or run: We'd better leg it or we'll be late for class. |
| 21. | leg up,
|
| 22. | not have a leg to stand on, to lack a valid or logical basis for one's argument or attitude: Without evidence, the prosecutor doesn't have a leg to stand on. |
| 23. | on one's or its last legs, just short of exhaustion, breakdown, failure, etc.: The aristocracy was on its last legs. |
| 24. | pull someone's leg,
|
| 25. | shake a leg, Informal.
|
| 26. | stretch one's legs, to take a walk; get some needed exercise after prolonged sitting: He got up during the intermission to stretch his legs. |
1225–75; 1915–20 for def. 10; ME < ON leggr

Related forms:
leg.
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Leg
Leg\ (l[e^]g), n. [Icel. leggr; akin to Dan. l[ae]g calf of the leg, Sw. l["a]gg.]1. A limb or member of an animal used for supporting the body, and in running, climbing, and swimming; esp., that part of the limb between the knee and foot. 2. That which resembles a leg in form or use; especially, any long and slender support on which any object rests; as, the leg of a table; the leg of a pair of compasses or dividers. 3. The part of any article of clothing which covers the leg; as, the leg of a stocking or of a pair of trousers. 4. A bow, esp. in the phrase to make a leg; probably from drawing the leg backward in bowing. [Obs.] He that will give a cap and make a leg in thanks for a favor he never received. --Fuller. 5. A disreputable sporting character; a blackleg. [Slang, Eng.] 6. (Naut.) The course and distance made by a vessel on one tack or between tacks. 7. (Steam Boiler) An extension of the boiler downward, in the form of a narrow space between vertical plates, sometimes nearly surrounding the furnace and ash pit, and serving to support the boiler; -- called also water leg. 8. (Grain Elevator) The case containing the lower part of the belt which carries the buckets. 9. (Cricket) A fielder whose position is on the outside, a little in rear of the batter. A good leg (Naut.), a course sailed on a tack which is near the desired course. Leg bail, escape from custody by flight. [Slang] Legs of an hyperbola (or other curve) (Geom.), the branches of the curve which extend outward indefinitely. Legs of a triangle, the sides of a triangle; -- a name seldom used unless one of the sides is first distinguished by some appropriate term; as, the hypothenuse and two legs of a right-angled triangle. On one's legs, standing to speak. On one's last legs. See under Last. To have legs (Naut.), to have speed. To stand on one's own legs, to support one's self; to be independent.Leg
Leg\ (l[e^]g), v. t. To use as a leg, with it as object: (a) To bow. [Obs.] (b) To run. [Low]Leg
Leg\, n. 1. (Math.) Either side of a triangle of a triangle as distinguished from the base or, in a right triangle, from the hypotenuse; also, an indefinitely extending branch of a curve, as of a hyperbola. 2. (Telephony) A branch or lateral circuit connecting an instrument with the main line. 3. (Elec.) A branch circuit; one phase of a polyphase system.Cite This Source
leg
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Leg
1. Term describing an order entry technique used by brokers. A leg occurs when a broker executes contingent orders in separate phases, thus increasing the risk for price swings through time delays.
2. A description of different aspects in a combination option.
Investopedia Commentary
1. An example is when a broker attempts to execute an option straddle order as two separate transactions. The possibility for profit and loss occurs though the fluctuating price of the options.
Sometimes referred to as a leg plant.
2. A straddle has two legs, one put and one call.
Related Links
Options Basics Tutorial
Managing Bull Put Spreads With A Simple Adjustment Plan
See also: Broker, Call, Combination, Contingent Order, Option, Put, Straddle
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Copyright © 2003. Published by Houghton Mifflin.
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Main Entry: leg
Function: abbreviation
1legal
2legislative, legislature
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Main Entry: leg
Pronunciation: 'leg, 'lAg
Function: noun
: a limb of an animal used especially for supporting the body and for walking: as a : either of the two lower human limbs that extend from the top of the thigh to the foot and especially the part between the knee and the ankle b : any of the rather generalizedsegmental appendages of an arthropod used in walking and crawling
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leg (lěg)
n.
- One of the two lower limbs of the human body, especially the part between the knee and the foot.
- A supporting part resembling a leg in shape or function.
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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leg
In addition to the idiom beginning with leg, also see arm and a leg; break a leg; on one's last legs; pull someone's leg; shake a leg; stretch one's legs; tail between one's legs; without a leg to stand on.
Copyright © 1997. Published by Houghton Mifflin.
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