LEG OUT
One part of a complex option trade or investment strategy. It means to close out or unwind the leg of a derivative position. This is effective in eliminating any other possibility of a loss or a gain from the leg of that position. But if the original transaction has multiple legs, legging out of one transaction leg can still make the investor exposed to other legs of that trade. This is done to close the trade altogether. Examples of multi-legged trades are straddles, straps, strangles, and spreads.
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Life Income Plan
A philanthropic investment strategy by which the property or cash is transferred into a pooled income fund and the receiving beneficiary, usually a ...
Soft Patch
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Nouriel Roubini
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Daily Trading Limit
It is the gain or loss in a contract. This can be an option and future contracts that is only allowed in a trading day session. Limits are imposed ...
Form 706-GS-D
A form issued by the IRS used to calculate taxes due on trust distributions subject to a generation-skipping tax. It is used by a taxpayer who rece ...
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