Land Value Tax (LVT)
What is 'Land Value Tax - LVT' A tax on the value of a piece of land. Land value tax inherently makes...
Leading Lipstick Indicator
What is 'Leading Lipstick Indicator' An indicator based on the theory that a consumer turns to less expensive indulgences, such as lipstick,...
Last-Sale Reporting
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
Larry Montgomery What is 'Larry Montgomery ' A former CEO and chairman of Kohl's department stores. Montgomery joined Kohl's in 1988...
Laughing Heir
DefinitionIn the law of inheritance, a laughing heir is an heir who is legally entitled to inherit the property of a person who has...
Law Of Demand
DefinitionIn microeconomics, the law of demand states that, "conditional on all else being equal, as the price of a good increases, quantity demanded decreases...
Landominium
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...
Larry Ellison
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...
Laggard
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 Stock
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...