Tag: economic

League Table

DefinitionStandings or rankings are listings which compare sports teams or individuals, institutions, nations, companies, or other entities by ranking them in order of ability...

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...

Latin Baseball Futures

What is 'Latin Baseball Futures' A financial contract used to speculate on the potential of teenage baseball players from Latin America who...

Lawrence Ellison

DefinitionLawrence Joseph Ellison is an American businessman, entrepreneur, and philanthropist who is co-founder, executive chairman and chief technology officer of Oracle Corporation. As of...

Law Of 29

What is 'Law Of 29' A belief held by some marketers that on average a prospective customer will not purchase a good...

Law Of Supply

DefinitionThe law of supply is a fundamental principle of economic theory which states that, keeping other factors constant, an increase in price results in...

Layered Fees

What is 'Layered Fees' Two sets of management fees that are paid by an investor for the same group of assets. This...

Lady Godiva Accounting Principles (LGAP)

What is 'Lady Godiva Accounting Principles - LGAP' A theoretical set of accounting principles under which corporations would have to fully disclose...

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,...