Law Of Supply

DefinitionThe law of supply is a fundamental principle of economic theory which states that, keeping other factors constant, an increase in price results in...

Law Of 29

What is 'Law Of 29' A belief held by some marketers that on average a prospective customer will not purchase a good...

Lawrence Ellison

DefinitionLawrence Joseph Ellison is an American businessman, entrepreneur, and philanthropist who is co-founder, executive chairman and chief technology officer of Oracle Corporation. As of...

Latin Baseball Futures

What is 'Latin Baseball Futures' A financial contract used to speculate on the potential of teenage baseball players from Latin America who...

Lady Macbeth Strategy

What is 'Lady Macbeth Strategy' A corporate-takeover strategy with which a third party poses as a white knight to gain trust, but...

Learning Curve

What is the 'Learning Curve' A learning curve is a concept that graphically depicts the relationship between cost and output over a...

Late-Day Trading

What is 'Late-Day Trading' An unethical (if not illegal) practice of a hedge fund purchasing and then selling securities (usually shares of...

League Table

DefinitionStandings or rankings are listings which compare sports teams or individuals, institutions, nations, companies, or other entities by ranking them in order of ability...

Land Trust

DefinitionThere are two distinct definitions of a land trust... Land Trust What is 'Land Trust' A legal agreement where a trustee is...
land contract

Land Contract

What is a land contract and how does it works? A land contract is a contract between the buyer and seller of a piece of...