legged out

A form of leg out — To dispose of a debt to avoid integrated treatment under US tax law.

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Meanings

verb
  1. participlepastsimple past and past participle of leg out
Cite this entry
APA

legged out. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/legged%20out

MLA

“legged out.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/legged%20out. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “legged out,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/legged%20out.

Source: legged out on Wiktionary, CC BY-SA 4.0.