DefinitionIn microeconomics, the law of demand states that, "conditional on all else being equal, as the price of a good increases, quantity demanded decreases ; conversely, as the price of a good decreases, quantity demanded increases ". In other...
What is 'Landominium'
When a person owns a piece of residential property, he or she owns both the house and the land on which the house is constructed. Like a condominium, the property is a part of a larger community...
Who is Larry Ellison
Larry Ellison is an American businessman, the co-founder of Oracle Corporation, and one of the richest men in the world. Born in New York City in 1944, Ellison grew up in a working-class Jewish neighborhood in...
What is 'Laggard' A stock or security that is underperforming. A laggard will have lower-than-average returns compared to the market. A laggard is the opposite of a leader. Explaining 'Laggard' In most cases, a...
Large-value stocks are a type of stock that typically offer investors high dividends and capital appreciation potential. These stocks are often found in the S&P 500 or Russell 1000, and they tend to be more stable than other types...
What is 'Lease Payments' A line item under long-term debt on a balance sheet that indicates the value of future lease payments due. Lease payments vary widely between companies, and so it is not necessarily...
DefinitionLakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. Mittal owns 38% of ArcelorMittal and holds an 11% stake in Queens Park...
When it comes to buying a home, there are many different options available to you. One of those options is the land lease option. This article will explain what a land lease option is, how it works, and the...
What is 'Late Majority' The last sizable segment of a population to adopt an innovative technology. The late majority accounts for roughly 34% of the population, and will adopt a new product only after seeing that the...
What is 'Land Value' Land value is the value of a piece of property, including both the value of the land itself as well as any improvements that have been made to it. Land values increase when...