Tag: state

DefinitionA layoff is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees for business reasons,...

What is 'Last Fiscal Year - LFY' The most recent 12-month accounting period that a business uses when determining its annual financial...

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...

DefinitionThere are two distinct definitions of a land trust... Land Trust What is 'Land Trust' A legal agreement where a trustee is...

DefinitionNationalization is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state....

What is a lame duck A lame duck, in finance, is a firm or individual that is no longer able to make sound financial decisions....

Being a landlord can be a very profitable business venture, but it also comes with a lot of responsibility. In this blog post, we...

What is 'Lambda' The ratio of the percentage change in an option contract's price to the percentage change in the option's underlying price. Lambda is...

DefinitionIn economics, economic equilibrium is a state where economic forces such as supply and demand are balanced and in the absence of external influences...