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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 MatchesLegal opinionLegal opinionA statement, usually written by a specialized law firm, required for a new municipal bond issue stating that the issue is legally acceptable. Legal transferLegal transferA stock transaction that requires special documentation in addition to standard stock or bond power to be legally valid. LEGALLEGALA computerized database maintained by the NYSE to keep track of enforcement actions, audits, and complaints against member firms. This term is not an acronym but is referred to in capitals. Legislative riskLegislative riskThe risk that new or changed legislation will have a large positive or negative effect on an investment. Legal entityLegal entityA 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. Further SuggestionsLegal listLegal fees Lenders legal fees Legal monopoly Legal investments Subscription privilege residuary legacy Further advance legal fee Long leg legacy specific legacy Lifting a leg legal list Oversubscription privilege Legal defeasance Skip payment privilege leg legal expenses insurance Telegraphic transfer telegraphic transfer Leg Legal Owner Legitimate Legal bankruptcy |
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