Tag: year

Kazakhstan National Fund

DefinitionThe government of Kazakhstan created the National Fund of the Republic of Kazakhstan in 2000 in order to manage oil revenue more effectively. Tax...
land lease option

Land Lease Option

When it comes to buying a home, there are many different options available to you. One of those options is the land lease option....

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...

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...
Larry Ellison

Larry Ellison

Who is Larry Ellison Larry Ellison is an American businessman, the co-founder of Oracle Corporation, and one of the richest men in the world. Born...

Layered Fees

What is 'Layered Fees' Two sets of management fees that are paid by an investor for the same group of assets. This...

Law Of Large Numbers

DefinitionIn probability theory, the law of large numbers is a theorem that describes the result of performing the same experiment a large number of...

Layoff

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

Last Fiscal Year (LFY)

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

League Table

DefinitionStandings or rankings are listings which compare sports teams or individuals, institutions, nations, companies, or other entities by ranking them in order of ability...

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