Tag: data

Kazakhstan National Fund

DefinitionThe government of Kazakhstan created the National Fund of the Republic of Kazakhstan in 2000 in order to manage oil revenue more effectively. Tax...

Leakage

What is a 'Leakage' Leakage is a situation in which capital, or income, exits an economy or system rather than remaining within...

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...

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...
lead bank

Lead Bank

What is Lead Bank and how does it work A lead bank is a financial institution that acts as the coordinator for a syndicated loan....

Law Of Large Numbers

DefinitionIn probability theory, the law of large numbers is a theorem that describes the result of performing the same experiment a large number of...

Layoff

DefinitionA layoff is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees for business reasons,...

Last Fiscal Year (LFY)

What is 'Last Fiscal Year - LFY' The most recent 12-month accounting period that a business uses when determining its annual financial...

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...

Hanover Stock Exchange (HAN) .HA

What is 'Hanover Stock Exchange (HAN) .HA' Formerly located in Hanover, Germany, this stock exchange is now defunct. Explaining 'Hanover...

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