Tag: money

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...

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...
lead time

Lead Time

What is lead time and why is it important In the business world, lead time is the amount of time that elapses between the start...

Lapping Scheme

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

Land Contract

What is a land contract and how does it works? A land contract is a contract between the buyer and seller of a piece 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...

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 diminishing marginal utility

Law Of Diminishing Marginal Utility

What is the law of diminishing marginal utility The law of diminishing marginal utility is the principle that as a person consumes more of a...

Laddering

Definition Laddering is an investment technique that requires investors to purchase multiple financial products with different maturity dates. Laddering What is 'Laddering' The promotion of inflated pre-IPO prices...