What is 'Land Flip' A fraudulent practice in the real estate business of selling undeveloped land at highly inflated prices. A land flip occurs when a group of dishonest buyers trades the land among its members, increasing...
What is Lancaster University Management School (LUMS)?
Established in 1965, Lancaster University Management School (LUMS) is a leading business school located in the North West of England. We are part of Lancaster University, a world-class institution with an excellent reputation...
Being a landlord can be a very profitable business venture, but it also comes with a lot of responsibility. In this blog post, we will explore the benefits and drawbacks of being a landlord, as well as some tips...
What is a lame duck
A lame duck, in finance, is a firm or individual that is no longer able to make sound financial decisions. The term is often used in the context of corporate takeovers. A company that is...
What is 'Large Trader' An investor or organization with trades that are equal to or in excess of certain amounts as specified by the United States Securities And Exchange Commission (SEC). A large trader is defined by...
DefinitionIn international finance, leads and lags refer to the expediting or delaying, respectively, of settlement of payments or receipts in a foreign exchange transaction because of an expected change in exchange rates. A change in exchange rates can be...
DefinitionLaissez-faire is an economic system in which transactions between private parties are free from government intervention such as regulation, privileges, tariffs and subsidies. The phrase laissez-faire is part of a larger French phrase and basically translates to "let do",...
What is the last trading day for a security
The last trading day for a security is the final day that trading can take place before the security is no longer traded. This date is typically set by the issuer...
What is 'Lanchester Strategy' A war strategy that has been successfully applied in the business context to entering new markets. The strategy is named after British engineer Frederick W. Lanchester, who published the laws governing the war...
Banks use lagged reserves to manage their liquidity and protect themselves from risks associated with deposit outflows. Lagged reserves are a critical tool for banks, and they have become increasingly important in the wake of the financial crisis. Here...