What is 'Leading Lipstick Indicator' An indicator based on the theory that a consumer turns to less expensive indulgences, such as lipstick,...
What is 'Last-Sale Reporting' An electronic entry, to the Nasdaq stock market, of the amount and price of shares involved in a...
Larry Montgomery What is 'Larry Montgomery ' A former CEO and chairman of Kohl's department stores. Montgomery joined Kohl's in 1988...
DefinitionIn the law of inheritance, a laughing heir is an heir who is legally entitled to inherit the property of a person who has...
DefinitionIn microeconomics, the law of demand states that, "conditional on all else being equal, as the price of a good increases, quantity demanded decreases...
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...
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...
What is 'Laggard' A stock or security that is underperforming. A laggard will have lower-than-average returns compared to the market. A laggard...
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...
What is 'Lease Payments' A line item under long-term debt on a balance sheet that indicates the value of future lease payments...