Lease Option

DefinitionA lease option is a type of contract used in both residential and commercial real estate. In a lease-option, a property owner and tenant...

Lambda

What is 'Lambda' The ratio of the percentage change in an option contract's price to the percentage change in the option's underlying price. Lambda is...

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)

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

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

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...