Tag: economics

Lady Macbeth Strategy

What is 'Lady Macbeth Strategy' A corporate-takeover strategy with which a third party poses as a white knight to gain trust, but...

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...

Layered Fees

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

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...

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 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...

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...