straddle

straddle is defined in Webster's Unabridged Dictionary (1913) with 5 senses. The full text of each entry is reproduced verbatim below.

Definitions

  1. 1.To stand with the ends staggered; -- said of the spokes of a wagon wheel where they join the hub.
  2. 2.To place one leg on one side and the other on the other side of; to stand or sit astride of; as, to straddle a fence or a horse.
  3. 3.The act of standing, sitting, or walking, with the feet far apart.
  4. 4.The position, or the distance between the feet, of one who straddles; as, a wide straddle.
  5. 5.A stock option giving the holder the double privilege of a "put" and a "call," i. e., securing to the buyer of the option the right either to demand of the seller at a certain price, within a certain time, certain securities, or to require him to take at the same price, and within the same time, the same securities. [Broker's Cant]

Source: Webster's Unabridged Dictionary, 1913 edition (public domain, via GCIDE / Project Gutenberg).

Related questions

Reverse-dictionary questions

Definition-first questions whose answer is straddle.

Sources