Tag: definition
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...
Law Of Diminishing Marginal Utility
What is the law of diminishing marginal utility
The law of diminishing marginal utility is the principle that as a person consumes more of a...
Lagged Reserves
Banks use lagged reserves to manage their liquidity and protect themselves from risks associated with deposit outflows. Lagged reserves are a critical tool for...
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...
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...
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...
Large Trader
What is 'Large Trader' An investor or organization with trades that are equal to or in excess of certain amounts as specified...
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....
Land Flip
What is 'Land Flip' A fraudulent practice in the real estate business of selling undeveloped land at highly inflated prices. A land...
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...