Definition of "LEAPS"
  1. Long-term equity anticipation securities: options traded on an exchange that have a longer expiration date
How to use "LEAPS" in a sentence
  1. To hedge his long-term investments, he bought LEAPS.
  2. These LEAPS will provide the anticipated security for the equity for a longer term.
  3. The investor decided to purchase LEAPS to take advantage of the current market situation.

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