Leg Up

Definition: To gain a foothold in something. Definition: [crh] Used in the context of general equities. (1)Have a portion of the offsetting side of a trade inDefinition: your pocket (spoken for) so your capital risk in the transaction is reduced. (PurchaseDefinition: A> 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.

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