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Last Twelve Months (LTM Finance)
What does 'Last Twelve Months - LTM' mean
The term "last twelve months" (LTM), which is sometimes known as "trailing twelve months" (TTM), refers to...
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...
Land Value
What is 'Land Value' Land value is the value of a piece of property, including both the value of the land itself...
Late Majority
What is 'Late Majority' The last sizable segment of a population to adopt an innovative technology. The late majority accounts for roughly...
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...
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...
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...
Law Of Demand
DefinitionIn microeconomics, the law of demand states that, "conditional on all else being equal, as the price of a good increases, quantity demanded decreases...
Last-Sale Reporting
What is 'Last-Sale Reporting' An electronic entry, to the Nasdaq stock market, of the amount and price of shares involved in a...
Layered Fees
What is 'Layered Fees' Two sets of management fees that are paid by an investor for the same group of assets. This...