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 house is constructed. Like a condominium, the property is a part of a larger community where a homeowners' organization is in charge of the landscaping, maintenance, and other services that are supplied. Explaining 'Landominium' Members in landominium...
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 in New York City in 1944, Ellison grew up in a working-class Jewish neighborhood in the Bronx. His father died when he was nine, and his mother later remarried and moved the family to Chicago....
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 is the opposite of a leader. Explaining 'Laggard' In most cases, a laggard refers to a stock. The term can also, however, describe a company or individual that has been underperforming. It...
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 S&P 500 or Russell 1000, and they tend to be more stable than other types of stocks. There are several reasons why you should invest in large-value stocks, including the potential for high returns and...
Lease Payments
What is 'Lease Payments' A line item under long-term debt on a balance sheet that indicates the value of future lease payments due. Lease payments vary widely between companies, and so it is not necessarily good to compare two companies' lease-payment figures, even if they are in the same industry. It is more valuable to...
Lakshmi Mittal
DefinitionLakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. Mittal owns 38% of ArcelorMittal and holds an 11% stake in Queens Park Rangers F.C. Lakshmi Mittal What is 'Lakshmi Mittal' The chairman and CEO of ArcelorMittal and one of the...
Land Lease Option
When it comes to buying a home, there are many different options available to you. One of those options is the land lease option. This article will explain what a land lease option is, how it works, and the benefits and disadvantages of using this type of agreement when purchasing a home. What is a land lease option A land lease...
Late Majority
What is 'Late Majority' The last sizable segment of a population to adopt an innovative technology. The late majority accounts for roughly 34% of the population, and will adopt a new product only after seeing that the majority of the population already has. People in this segment are typically older, less affluent and less educated than segments...
Land Value
What is 'Land Value' Land value is the value of a piece of property, including both the value of the land itself as well as any improvements that have been made to it. Land values increase when demand for land exceeds the supply of available land, or if a particular piece of land has intrinsic value greater...
Libor
LIBOR stands for the London InterBank Offered Rate. It is also termed as ICE LIBOR these days because the Inter Continental Exchange or ICE governs this rate. It describes the average rate of interest, estimated by banks in London for borrowing from other banks on fixed terms. LIBOR was first controlled by the British Bankers Association or BBA but...