long leg: meaning, definition, pronunciation and examples

C1
UK/ˌlɒŋ ˈleɡ/US/ˌlɔːŋ ˈleɡ/

Technical (finance, sports), descriptive (anatomy)

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Quick answer

What does “long leg” mean?

The literal anatomical leg of a person or animal that is longer than average.

Audio

Pronunciation

Definition

Meaning and Definition

The literal anatomical leg of a person or animal that is longer than average; the longer of two legs.

In finance, one part of a multi-legged financial transaction (e.g., a straddle or strangle in options trading) where the trader holds a position that will profit if the price moves in one direction, often paired with a 'short leg' representing the opposite position. In cricket, the fielding position behind and to the leg side of the batter.

Dialectal Variation

British vs American Usage

Differences

Primarily in sporting contexts: 'Long leg' is a recognized fielding position in UK cricket. No direct US sports equivalent. The financial term is used identically in both variants.

Connotations

Neutral/descriptive in literal use; specialised/jargonistic in technical use.

Frequency

Very low frequency in general discourse. Highest frequency in specialist finance and cricket publications.

Grammar

How to Use “long leg” in a Sentence

[Subject] has a long leg.[Trader] established a long leg of the straddle.[Player] was positioned at long leg.

Vocabulary

Collocations

strong
the long lega long leghave a long legplay long leg
medium
broken long leg strategyfielding at long legopposite the long leg
weak
very long legsurprisingly long legawkward long leg

Usage

Meaning in Context

Business

In options trading, the long leg of a strangle represents the purchased out-of-the-money option.

Academic

The study compared gait efficiency between individuals with one long leg and matched controls.

Everyday

After the accident, one leg healed slightly longer than the other, giving him a subtle limp.

Technical

The fielder at long leg moved squarer to cut off the glance.

Vocabulary

Synonyms of “long leg”

Neutral

lengthy limbextended leg

Weak

tall leglengthy leg

Vocabulary

Antonyms of “long leg”

Watch out

Common Mistakes When Using “long leg”

  • Using 'long leg' as an adjective (e.g., 'a long-leg man') instead of a compound noun ('a long leg' or 'the long-leg position').
  • Confusing 'long leg' with 'long in the leg' (a clothing measurement).

FAQ

Frequently Asked Questions

No, it is most commonly a technical term in finance (derivatives trading) and cricket.

Yes, especially when used as a modifier before a noun (e.g., 'the long-leg position') or as a fixed compound in sports/finance terminology.

The 'short leg'. In a multi-legged strategy, the short leg is the option position that is sold (written).

No, there is no verb derived from this noun phrase. It is only used nominally.

The literal anatomical leg of a person or animal that is longer than average.

Long leg is usually technical (finance, sports), descriptive (anatomy) in register.

Long leg: in British English it is pronounced /ˌlɒŋ ˈleɡ/, and in American English it is pronounced /ˌlɔːŋ ˈleɡ/. Tap the audio buttons above to hear it.

Learning

Memory Aids

Mnemonic

Think of a cricket fielder standing a 'long' way back on the 'leg' side of the pitch.

Conceptual Metaphor

POSITION/ADVANTAGE AS HEIGHT/LENGTH ('Having a long leg up in the competition' is related, but not this exact phrase).

Practice

Quiz

Fill in the gap
In a long straddle, the trader profits if the asset price moves significantly beyond the strike price of either the or the short leg.
Multiple Choice

In which context would 'long leg' most likely NOT be used?