Tag: finance
Land Rehabilitation
DefinitionLand rehabilitation is the process of returning the land in a given area to some degree of its former state, after some process has...
Last Mile
DefinitionThe last mile or last kilometer is a colloquial phrase widely used in the telecommunications, cable television and internet industries to refer to the...
Leakage
What is a 'Leakage' Leakage is a situation in which capital, or income, exits an economy or system rather than remaining within...
Laughing Heir
DefinitionIn the law of inheritance, a laughing heir is an heir who is legally entitled to inherit the property of a person who has...
Larry Montgomery
Larry Montgomery What is 'Larry Montgomery ' A former CEO and chairman of Kohl's department stores. Montgomery joined Kohl's in 1988...
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....
Last-Sale Reporting
What is 'Last-Sale Reporting' An electronic entry, to the Nasdaq stock market, of the amount and price of shares involved in a...
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...
Last In, First Out (LIFO)
What is Last In, First Out (LIFO)?
LIFO is an inventory accounting method in which the most recently acquired items are the first ones to...
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...