Last Will And Testament
Definition
A will or testament is a legal document by which a person, the testator, expresses their wishes as to how their property is to...
Large Cap (Big Cap)
What does 'Large Cap - Big Cap' mean Large cap (sometimes "big cap") refers to a company with a market capitalization value...
Law Of One Price
DefinitionThe law of one price constitutes the basis of the theory of purchasing power parity, an assumption that in some circumstances it would cost...
Land Flip
What is 'Land Flip' A fraudulent practice in the real estate business of selling undeveloped land at highly inflated prices. A land...
Lancaster University Management School (LUMS)
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...
Landlord
Being a landlord can be a very profitable business venture, but it also comes with a lot of responsibility. In this blog post, we...
Lame Duck
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....
Large Trader
What is 'Large Trader' An investor or organization with trades that are equal to or in excess of certain amounts as specified...
Leads And Lags
DefinitionIn international finance, leads and lags refer to the expediting or delaying, respectively, of settlement of payments or receipts in a foreign exchange transaction...
Laissez Faire
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...