List Owner: Mailing Lists for Solicitation
A list owner is an entity that owns mailing lists used for solicitation. These lists are typically sold on a price per name basis, facilitating targeted marketing efforts.
List Price: The Quoted Retail Price Prior to Discounts
List Price in retail represents the initial price quoted to customers before any discounts are applied, as seen on dealer lists, invoices, price tags, catalogs, or dealer purchase orders.
Listed Option: Exchange-Traded Financial Contract
An in-depth exploration of listed options, their types, uses, historical context, and regulatory framework in financial markets.
Listed Property: Definition, Types, and Depreciation Rules
Detailed overview of listed property in taxation, including automobiles, computers, and cellular phones, with emphasis on business use requirements and depreciation methods.
Listed Security: Stocks or Bonds Traded on Exchanges
A comprehensive overview of listed securities, including their definitions, types, historical context, and differences from unlisted securities.
Listing: Comprehensive Overview
In Real Estate, a listing refers to a property available for sale or lease in the hands of a real estate broker. In Securities, it refers to the process of entering a stock to be traded on a stock exchange.
Listing: Real Estate Engagement Contract
A comprehensive definition of Listing, including formal contracts between a principal and an agent, property records, and types of real estate listings.
Listing Agent: Role and Functions in Real Estate
A detailed explanation of the roles, responsibilities, and significance of a listing agent or listing broker in real estate transactions, including comparisons with selling agents.
Listing Price: Understanding the Initial Sales Number
An in-depth look at the definition, significance, and nuances of Listing Price in real estate, including examples, historical context, and related terms.
Listing Requirements: Minimal Tests for a Company's Stock to be Listed on a Stock Exchange
Comprehensive overview of the minimal tests a company must meet for its stock to be listed on various stock exchanges, with a focus on the New York Stock Exchange (NYSE) which has the most rigorous requirements.
Litigant: Party Actively Involved in a Lawsuit
A litigant is a person or entity who is actively involved in a lawsuit as either a plaintiff or defendant.
Litigation Support: Key Professional Assistance in Legal Processes
Professional assistance provided by nonlawyers to lawyers in the litigation process, encompassing forensic accounting, economic determinations, expert testimony, and financial valuations.
Living Trust: Trust Established and in Operation During the Settlor's Life
A Living Trust, also known as Inter Vivos Trust, is a legal instrument that takes effect during the settlor's lifetime. It allows the settlor to manage and protect assets while alive and efficiently transfer them after death without the need for probate.
Lloyd's of London: Specialized Insurance Facility
Learn about Lloyd's of London, an insurance and reinsurance marketplace composed of syndicates that specialize in various types of risk.
LOAD: Computers and Finance Definitions
Comprehensive definitions of 'LOAD' in the contexts of Computers and Finance, outlining the process of loading programs into memory and the charges associated with mutual funds.
Load Fund: A Comprehensive Overview
In-depth exploration of Load Funds in the context of Mutual Funds, including definitions, types, examples, historical context, comparisons, and related terms.
Loan: Definition and Key Concepts
A comprehensive definition and exploration of loan transactions, including key concepts, types, considerations, historical context, examples, and more.
Loan Amortization: Reduction of Debt by Scheduled Payments
Loan amortization describes the process of reducing debt through regular, scheduled payments of principal and interest, ensuring the full repayment of the loan by its maturity date.
Loan Application: Comprehensive Overview
Detailed description of the loan application process including required information, significance, and examples.
Loan Closing: The Final Step in Securing a Loan
Loan Closing refers to the final process where all documents are signed, and funds are transferred, completing the loan agreement.
Loan Commitment: Agreement to Lend Money at Specified Terms
A Loan Commitment involves an agreement where a lender agrees to lend a specified amount of money under specified terms at a future date. This entry covers types, considerations, examples, and historical context.
Loan Fraud: Purposely Giving Incorrect Information on a Loan Application
Loan Fraud involves intentionally providing false information on a loan application to better qualify for a loan. This act may lead to civil liability or criminal penalties.
Loan Officer: Role and Responsibilities
A comprehensive overview of the responsibilities and functions of a Loan Officer in managing the loan application process within financial institutions.
Loan Origination Fee: Understanding the Cost of Borrowing
An in-depth look at loan origination fees, their purpose, calculation, impact on borrowers, and their relationship with points.
Loan Package: Comprehensive Documentation for Securing a Loan
A Loan Package is a collection of documents necessary for obtaining loan approval from financial institutions. This entry provides a detailed overview of the components, purposes, and processes involved in a Loan Package.
Loan Value: Definition and Examples
Comprehensive overview of loan value including examples and historical context. Covering its meaning in terms of collateral and life insurance policies.
Lobbyist: An Influencer in Legislation and Policy
A comprehensive guide about lobbyists, their roles, responsibilities, historical context, types, and their impact on legislation and policy.
Local Area Network (LAN): Connecting Individual Computer Terminals
A comprehensive discussion of Local Area Networks (LAN), including their definition, components, types, advantages, and comparisons with Wide Area Networks (WANs).
Local Union: Authority in the Work Environment
A local union represents the bargaining unit in an organization, holding significant authority over the work environment compared to the national union.
Lock Box: Definition and Uses in Cash Management and Real Estate
A comprehensive exploration of the term 'Lock Box,' including its application in cash management systems and residential real estate sales. Learn how this system enhances security and efficiency.
Lock-Up Option: Defensive Strategy in Corporate Takeovers
A lock-up option is a strategic defense mechanism used by target companies in the event of hostile takeovers. It involves granting an option to a friendly suitor to purchase valuable parts of the company, commonly known as the 'crown jewels.'
Locked In: Ensured Financial Security
Comprehensive explanation of the term 'Locked In' in finance, covering assured rates of return, protected profits, market positions, and tax considerations.
Locked-In Interest Rate: Financial Commitment at Loan Application
An exploration of the locked-in interest rate, a commitment by lenders to offer a fixed rate at the time of the loan application, including its qualifications, contingencies, and common practices.
Lockout: A Strategic Management Action in Labor Disputes
Lockout is a management action that prevents employees from performing their work until a labor settlement is reached. It involves physically barring employees from entering the workplace.
Logo: Unique Design or Symbol for Branding
A logo is a unique design, symbol, or other special representation of a company name, publishing house, broadcast network, or other organization, used as a trademark.
Logotype: An In-depth Overview
Comprehensive coverage of logotype: definition, significance, examples, historical context, and related terms.
London Interbank Offered Rate (LIBOR): Key Financial Benchmark
An in-depth overview of the London Interbank Offered Rate (LIBOR), a crucial financial benchmark that influences global economics, particularly in the Eurodollar market.
Long: Understanding Long Positions in Finance and Investing
A comprehensive overview of the long position in finance and investing, including definitions, examples, historical context, and related terms.
Long Bond: Bonds with Maturities Over 10 Years
A long bond is a type of bond that has a maturity date of more than 10 years. This type of bond often yields higher returns due to the increased risk associated with the extended commitment period.
Long Coupon: Extended Interest Payment
A comprehensive overview of Long Coupon, detailing its definitions, applicability, historical context, and related financial terminology.
Long Position: Investment Strategy in Ownership
A comprehensive overview of the long position, its definitions, types, implications in trading and investing, differences with short positions, and related terms.
Long Run: Economic Perspective and Importance
An in-depth look into the concept of the Long Run in Economics, exploring its implications, historical context, examples, and applications in various industries.
Long-Range Planning: Planning Beyond Five Years
Detailed exploration of long-range planning, which involves planning beyond five years, accounting for the future as a consequence of present, short-range, and intermediate-range events.
Long-Term Debt: Definition and Implications
A comprehensive overview of Long-Term Debt, its accounting and financial implications, including types, special considerations, examples, and related terms.
Long-Term Lease: Comprehensive Definition and Application
A detailed exploration of long-term leases, including types, special considerations, historical context, applicability, comparisons, and related terminology.
Long-Term Liabilities: Comprehensive Overview
Long-Term Liabilities refer to any monetary obligations that are not required to be paid on demand or within one year. They are distinct from current liabilities, specifically the current portion of long-term debt.
Long-Term Trend: Sustained Movements Over Time
Understanding long-term trends which are significant movements observed over extended periods, crucial for analysis in finance, economics, and various other domains.
Longevity Pay: Salary or Wages Based on Seniority
Longevity pay refers to salary or wages that increase based on the length of service with an organization. The longer the service, the greater the pay.
Loonie: Canadian Dollar Coin
The Loonie is the popular name for the Canadian dollar coin, known for its engraving of the common loon on one side and Queen Elizabeth II on the other.
Loophole: Exploiting Technicalities to Circumvent Laws
A detailed exploration of loopholes, focusing on their definition, usage, historical context, and implications for various fields including taxation, finance, and law.
Loose Rein Management: Encouraging Individual Creativity
An explanation of Loose Rein Management, a relaxed supervisory style where individual creativity and contributions are encouraged.
Lorenz Curve: A Graphic Depiction of Income Distribution
The Lorenz Curve visually represents income distribution across a population, highlighting economic inequality by comparing cumulative percentages of income against the population.
Loss Carryback: Offsetting Net Loss Against Previous Year's Net Income
Loss Carryback refers to a tax provision that allows businesses to offset current year's net losses against net income of prior years, resulting in tax refunds for previously paid taxes. This article explores the mechanics, advantages, and implications of loss carryback rules.
Loss Carryforward: Tax Implications and Reporting
Understanding loss carryforward, a tax strategy that allows businesses to offset current year's net operating loss against future years' net incomes, when loss carryback is not fully possible.
Loss Carryover: Tax Strategy
A comprehensive overview of 'Loss Carryover', a tax mechanism allowing businesses to apply a net operating loss to future profits.
Loss Denial Rule: Understanding `Hobby Loss`
An in-depth exploration of the Loss Denial Rule, commonly referred to under the term 'Hobby Loss,' which pertains to the deductibility of expenses in activities not deemed profit-driven.
Loss Exposure: Areas of Risk in Insurance
Comprehensive exploration of loss exposure in insurance, covering property, income, legal vulnerability, and key personnel risks.
Loss of Income Insurance: Comprehensive Protection for Lost Wages
An overview of Loss of Income Insurance, a coverage within property and health insurance that compensates for lost wages due to insured perils or disability.
Loss Ratio: Understanding Key Financial and Insurance Metrics
An in-depth exploration of Loss Ratio, a crucial metric in finance and insurance. Learn about its components, significance, historical context, types, and how it applies to various industries.
Loss Reduction Management Methods: Minimizing the Impact of Losses
An in-depth look into loss reduction management methods, their importance, and practical applications in limiting the extent of losses through compliance, safety procedures, and public relations.
LOT AND BLOCK Method: Locating a Parcel of Land
The LOT AND BLOCK Method is a system of identifying and locating a specific parcel of land using designated lot numbers and block numbers within a subdivision plat. This method is commonly used in modern real estate and property transactions to provide a clear and precise legal description of land.
Lot Line: Definition and Importance in Property Surveys
A lot line, also known as a property line, is a boundary delineating a lot as described in a survey of property. Understanding lot lines is crucial in real estate and property management.
Lottery: Definition and Legal Implications
A detailed examination of lotteries, focusing on their definition, types, legal considerations, and differences from sweepstakes under U.S. law.
Lotus 1-2-3: Pioneering Business Software
Lotus 1-2-3, an integrated software package produced by Lotus Development Corporation, was once one of the best-selling business decision-making tools. It combined spreadsheet functions with data management and graphics capabilities.
Low-Ball Offer: Understanding Low Offers in Real Estate Transactions
A Low-Ball Offer in real estate is a significantly lower bid than the property's asking price, indicating the buyer seeks a bargain or perceives the property's listing price as unrealistic.
Low-Grade: Lower Level of Quality
An in-depth explanation of 'low-grade,' its various contexts and implications, and examples to illustrate its usage and importance.
Low-Tech Products: Usage of Earlier or Less Developed Technology
Low-tech products utilize earlier or less developed technology. Examples include basic food items like chocolate candy bars, which adhere to simple recipes and traditional manufacturing processes.
Lower of Cost or Market: Inventory Accounting Method
An asset is recorded at its historical cost but the amount is written down to market if this becomes lower than the original cost. Market value is determined by replacement cost but not greater than net realizable value (NRV) nor less than NRV minus a normal profit.
LTV: Loan-to-Value Ratio
A comprehensive guide to the Loan-to-Value Ratio, its significance in finance, how it is calculated, and its applications.
Lump of Labor Hypothesis: An Economic Fallacy on Job Availability
A detailed analysis of the Lump of Labor Hypothesis, a fallacious economic assertion suggesting that total amount of work is fixed, thus implying that increases in worker productivity reduce jobs.
Lump Sum: Single Payment in Life Insurance
Comprehensive definition and explanation of Lump Sum in life insurance, emphasizing single payment instead of a series of installments.
Lump-Sum Purchase: Acquisition of Multiple Assets for One Price
A lump-sum purchase is the acquisition of two or more assets for a single price. This article explains the allocation of the acquisition price based on the relative fair market values of the assets.
Luxury Automobile: Depreciation Limitations for Tax Purposes
An in-depth analysis of luxury automobiles and their depreciation limitations under tax regulations, including the criteria for listed property and tax implications.
Labor Intensive: Definition, Types, and Examples
Comprehensive guide on labor-intensive processes and industries, including types, examples, historical context, and economic significance.
Understanding the Labor Market: Theories, Participants, and Dynamics
A comprehensive exploration of the labor market, including key theories, primary participants, and the factors driving supply and demand for labor.
Labor Theory of Value: An In-depth Analysis
A comprehensive exploration of the Labor Theory of Value, its historical context, key proponents, and its implications in economics.
Labor Union: Definition, Historical Significance, and Real-World Examples
Comprehensive insight into labor unions, covering definition, historical significance, and real-world examples to understand their role in representing workers' collective interests.
Laddering in Finance: Meaning, Overview, Examples, and FAQs
Explore the concept of laddering in finance, its meaning, various applications, detailed examples, frequently asked questions, and how it supports retirement income.

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