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...
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...
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...
Last Trading Day
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...
Lanchester Strategy
What is 'Lanchester Strategy' A war strategy that has been successfully applied in the business context to entering new markets. The strategy...