Leaps definition

Long-term equity options. Instead of expiring in several months, LEAPS can remain in effect for up to three years after their initial listing. LEAPS are not available on every stock. They have their own unique ticker symbol and trade on the major stock exchanges.
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Plural form of leap.
noun
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Leaps Sentence Examples

  • The revenue of the state went up by leaps and bounds.

  • Along the middle of the hinder half of the back is a line of long erectile white hairs, forming the "fan," continued down over the rump; in repose this is concealed by the surrounding hair, but is conspicuously displayed when the animal takes the great leaps from which it derives its popular name.

  • During the years from 1896 to 1910, he came to hold a position within the British Empire which was in its way unique, and in this period he had seen Canadian prosperity advance progressively by leaps and bounds.

  • But its linen manufactures, begun early in the 18th century, gradually restored prosperity; and when other industries had taken root its fortunes advanced by leaps and bounds, and there is now no more flourishing community in Scotland.

  • A crippled beggar, miraculously cured, leaps up to help them.

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