Personal Finance Glossary     Browse Glossary : A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z   All L Land "Land" is real property, which consists of the surface of the earth, including the sub surface and... more   Land Value "Land value" refers to the actual value of the land on which a property sits. This does not include... more   Landlord A "landlord" is an owner of real property who rents all or a portion of the property to a tenant.... more   Large Cap Stocks "Large cap stocks" typically refers to stocks of publicly traded companies who have a market... more   Last In, First Out "Last in, first out" or "LIFO" is an accounting method based on the premise that the newest... more   Last Trading Day The term "last trading day" refers to the last day that an options or futures or contract may trade... more   Late Charge A "late charge" is a fee charged by a lender or creditor when a payment owed is made after the due... more   Late Fee A "late fee" is a fee charged by a lender or creditor when a payment owed is made after the due... more   Late Payment A "late payment" is a payment that is made after the date that it was due. Late charges are... more   LBO A "leveraged buy out" or "LBO" is a transaction typically involving a public corporation being... more   Lease A "lease" is a contract providing for the rental of property for a specified term with designated... more   Leaseback A "leaseback" is a business transaction whereby an asset is simultaneously sold and leased back to... more   Leasehold Improvement "Leasehold improvements" are expenses incurred for the permanent improvements to rented facilities.... more   Lender A "lender" is an individual, entity, or financial institution, who provides the funds for a loan.... more   Lessee A "lessee" is a person or entity that leases real or personal property from the owner of that... more   Lessor A "lessor" is an owner of real or personal property who leases that property to a user of the... more   Letter of Credit A "letter of credit" is a form of guarantee of payment by a bank or financial institution. Letters... more   Letter of Intent A "letter of intent" is a document where two or more parties set forth an indication of interest in... more   Letter Stock The term "letter stock" refers to stock that has not been registered with the Securities and... more   Leverage "Leverage" is the process of incurring debt in order to continue or expand the scope of a business.... more   Leveraged Buy Out A "leveraged buy out" or "LBO" is a transaction typically involving a public corporation being... more   Leveraged Lease A "leveraged lease" is a lease where the lessor purchases the asset with part of the consideration... more   Liability "Liability" generally refers to a legal responsibility, obligation, or debt. Examples of... more   LIBOR The "London Interbank Offered Rate" or "LIBOR" is the rate of interest that major international... more   License Agreement A "license agreement" gives a person or entity the right to use someone else's assets. A... more   Lien A "lien" is a security interest in an asset or property, protecting a lender or creditor's loan... more   Life Insurance "Life insurance" refers to a contract policy that pays a monetary sum to the insured person's... more   LIFO "Last in, first out" or "LIFO" is an accounting method based on the premise that the newest... more   Like-Kind Property "Like-kind property" is a term used in the context of tax deferred exchanges of real property under... more   Limit Order A "limit order" refers to an order to buy a stock at or below a designated price, or to sell a... more   Limited Liability Company A "limited liability company" or "LLC" is a form of business organization authorized by state law.... more   Limited Partnership A "limited partnership" is an entity formed under state law that includes one or more general... more   Limited Partnership Agreement A "limited partnership agreement" is a contract among the general and limited partners of a limited... more   Limited Warranty A "limited warranty" is a contractual promise by a manufacturer or seller of goods or services,... more   Line of Credit A "line of credit" is a pre-established loan agreement between a bank or financial institution and... more   Liquid Yield Option Note A "Liquid Yield Option Note" or "LYON" is a zero-coupon bond issued by a corporation, which also... more   Liquidate "Liquidate" refers to the process of selling securities or assets to obtain cash. For example, one... more   Liquidation The term "liquidation" in connection with finance and business often has two meanings: (1)... more   Liquidation Rights "Liquidation rights" refers to the rights of a security holder in the event of a liquidation of a... more   Listed Option A "listed option" is a put or call option that is traded on a national options exchange. Listed... more   Listed Security A "listed security" is a stock or bond that has been authorized for trading on a stock exchange.... more   Listed Stock A "listed stock" is a stock that has been approved and listed for trading on a stock... more   Listing Broker "Listing broker" refers to the real estate broker who is responsible for the listing of a property... more   Listing Requirements "Listing requirements" are the rules of eligibility that a corporation must meet before its stock... more   Living Trust A "living trust" is a trust that an individual establishes while he or she is alive, enabling the... more   Living Will A "living will" is a legal document setting forth the kind of medical care a person wants or... more   LLC A "limited liability company" or "LLC" is a form of business organization authorized by state law.... more   Load Fund A "load fund" is a mutual fund that charges a fee for either purchase or sales of its... more   Load Mutual Fund A "load mutual fund" is a mutual fund that charges a fee for either purchase or sales of its... more   Loan A "loan" is an arrangement where a sum of money is borrowed from one party (the "lender") with a... more   Loan Commitment A "loan commitment" is a written promise by a lender to make a loan under specified terms and... more   Loan Officer A "loan officer" is a representative of a lending institution who is empowered to act on behalf of... more   Loan Origination Fee A "loan origination fee" is a fee charged by a lender for making a loan. Such a fee is often... more   Loan Processing Fee A "loan processing fee" is a fee charged by some lenders in order to process a loan... more   Loan Syndication A "loan syndication" refers to a group of banks or other lenders coming together to make one large... more   Loan to Value Ratio A "loan to value ratio" is the ratio of money borrowed on a property to the property's fair... more   Lock-in A "lock-in" refers to a commitment from a lender guaranteeing g a specified interest rate for a... more   Lock-Up Agreement A "lock-up agreement" is a contractual commitment between the underwriters and insiders of a... more   LOI An "LOI" or "letter of intent" is a document where two or more parties set forth an indication of... more   London Interbank Offered Rate The "London Interbank Offered Rate" or "LIBOR" is the rate of interest that major international... more   Long Bond A "long bond" generally refers to a 30 year U.S.... more   Long Position A "long position" is an investment in a security where the investor owns the security and expects... more   Long Term Capital Gain "Long capital term gain" is the profit on the sale of the capital asset (such as stocks or real... more   Long Term Gain "Long term gain" is the profit on the sale of the capital asset (such as stocks or real estate)... more   Low Documentation Loan A "low documentation loan" is a mortgage that requires only minimal verification of income and... more   Lump-Sum Distribution A "lump sum distribution" is a distribution from a 401(k) retirement plan that includes the entire... more   LYON A "Liquid Yield Option Note" or "LYON" is a zero-coupon bond issued by a corporation, which also... more       Browse Glossary : A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z   All

Copyright © E-PersonalFinance.com. All rights reserved.
No part of the content or the data or information included herein may be reproduced, replicated or redistributed without the prior written permission of E-PersonalFinance.com.
Use of this site is governed by our Terms of Use Agreement and Privacy Policy.