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Leg up |
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Leg upUsed 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.Leg up Similar MatchesLifting a legLifting a legClosing out one side of a long-short arbitrage before the other is closed. Long legLong legThe part of an option spread in which an agreement to buy the underlying security is made. Legal transferLegal transferA stock transaction that requires special documentation in addition to standard stock or bond power to be legally valid. Telegraphic transferTelegraphic transferElectronic transfer of money between two parties on the sale/purchase of a property. Will often incur a fee from your solicitor and monies sent from a lender is usually in this form. Lenders legal feesLenders legal feesFees incurred by the lender when arranging a mortgage passed on to the buyer. Further SuggestionsSkip payment privilegeLegal investments Oversubscription privilege Legal fees legal list Legal opinion telegraphic transfer Legal Owner Legal bankruptcy Legal defeasance Leg Further advance legal fee legacy Subscription privilege LEGAL legal expenses insurance Legitimate leg residuary legacy Legal list specific legacy Legislative risk Legal entity Legal monopoly |
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