Tag: financial

What is 'Last-Sale Reporting' An electronic entry, to the Nasdaq stock market, of the amount and price of shares involved in a...

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....

What is 'Lattice-Based Model' An option pricing model that involves the construction of a binomial tree to show the different paths that...

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...

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 stands for the London InterBank Offered Rate. It is also termed as ICE LIBOR these days because the Inter Continental Exchange or ICE...

What is 'Land Value' Land value is the value of a piece of property, including both the value of the land itself...

What is 'Late Majority' The last sizable segment of a population to adopt an innovative technology. The late majority accounts for roughly...

What is a 'Lapping Scheme' A lapping scheme is an accounting method that involves altering the accounts receivable section of the balance...

DefinitionA landlocked state or landlocked country is a sovereign state entirely enclosed by land, or whose only coastlines lie on closed seas. There are...