Business and Personal Finance Dictionary

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• LEG OUT - In rolling forward in futures, a method that would result in liquidating a position.
  
  
• LEG UP - Used in the context of general equities. (1)Have a portion of the offsetting side of a trade i...
  
  
• LEGACY - A disposition of money or personal property by will.
  
  
• LEGACY BUSINESS - a traditional, non-Internet business unit
  
  
• LEGAL - A computerized database maintained by the NYSE to keep track of enforcement actions, audits, an...
  
  
• LEGAL AGE - Set by statute, the age at which a person ceases to be a minor and is able to contract on h...
  
  
• LEGAL BANKRUPTCY - A legal proceeding for liquidating or reorganizating a business.
  
  
• LEGAL BLEMISH - A problem with a property, such as a lien on the title or a zoning violation.
  
  
• LEGAL CAPITAL - Value at which a company's shares are recorded in its books.
  
  
• LEGAL CHARGE - The official term for the claim that a lender has over your home until you've paid off t...