Stockings (also known as hose, especially in a historical context) are close-fitting, variously elastic garments covering the leg from the foot up to the knee or even part or all of the thigh. Stockings vary in color, design, and transparency. Today, stockings are primarily worn for fashion and aesthetics, usually in association with mid-length skirts.

By analogy, the term "stocking" is also used to describe a type of horse marking in which the white coloring extends from the horse's hoof to just above the knee.

https://en.wikipedia.org/wiki/Stocking

"Good judgement seeks balance and progress. Lack of it eventually finds imbalance and frustration."
President Eisenhower
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