Definify.com
Webster 1913 Edition
Legging
Leg′ging
,2.
Having long legs.
[wns=2]
Thackeray.
Syn. – long-legged, long-shanked.
Definition 2024
legging
legging
English
Noun
legging (plural leggings)
- A covering, usually of leather, worn from knee to ankle.
- Tight fitting leg coverings worn, for example, to gym.
- One of the legs of a pair of trousers.
- Take the legging and turn up the cuff.
- The process of putting a series of three or more options strikes into the stock market.
- 2000, Michael Williams, Amy Hoffman, Fundamentals of Options Market (McGraw Hill Professional, page 128)
- As a practical matter, you cannot put on these positions simultaneously at reasonable prices. In order to achieve these positions at a reasonable risk/reward profile, you must put the positions in a series of separate trades. This process is called legging.
- 2000, Michael Williams, Amy Hoffman, Fundamentals of Options Market (McGraw Hill Professional, page 128)
Derived terms
Translations
leg covering
Verb
legging
- present participle of leg