Tag: economics
Lattice-Based Model
What is 'Lattice-Based Model' An option pricing model that involves the construction of a binomial tree to show the different paths that...
Layaway
DefinitionLayaway is an agreement in which the seller reserves an item for a consumer until the consumer completes all the payments necessary to pay...
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...
Lakshmi Mittal
DefinitionLakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the world's largest...
Land Trust
DefinitionThere are two distinct definitions of a land trust... Land Trust What is 'Land Trust' A legal agreement where a trustee is...
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...
Learning Curve
What is the 'Learning Curve' A learning curve is a concept that graphically depicts the relationship between cost and output over a...