Legging

Pronunciation

• IPA: /lɛɡ.ɪŋ/
• Rhymes: -ɛɡɪŋ

Origin

leg + -ing

Full definition of legging

Noun

1. A covering, usually of leather, worn from knee to ankle.
2. Tight fitting leg coverings worn, for example, to gym.
3. One of the legs of a pair of trousers.
• Take the legging and turn up the cuff.
4. 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.

Derived terms

• jeggings
• meggings
• treggings

Verb

1. Present participle of leg

Derived terms

• legging it
• bootlegging
• peg-legging