Tag: financial

Lease Balance

What is 'Lease Balance' The amount of money that a customer owes under the terms of a vehicle lease contract. The lease...

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...

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...

Lease Payments

What is 'Lease Payments' A line item under long-term debt on a balance sheet that indicates the value of future lease payments...
Large-value stocks

Large-Value Stock

Large-value stocks are a type of stock that typically offer investors high dividends and capital appreciation potential. These stocks are often found in the...

Laggard

What is 'Laggard' A stock or security that is underperforming. A laggard will have lower-than-average returns compared to the market. A laggard...

Law Of Demand

DefinitionIn microeconomics, the law of demand states that, "conditional on all else being equal, as the price of a good increases, quantity demanded decreases...

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...