What is 'Lead Underwriter' A investment bank or other financial outfit that has the primary directive for organizing an initial public stock...
What is 'Lawful Money'
Gold coins, silver coins, Treasury notes, and Treasury bonds are all examples of currency that is not issued by the Federal...
What is a 'Leakage' Leakage is a situation in which capital, or income, exits an economy or system rather than remaining within...
DefinitionThe last mile or last kilometer is a colloquial phrase widely used in the telecommunications, cable television and internet industries to refer to the...
DefinitionLand rehabilitation is the process of returning the land in a given area to some degree of its former state, after some process has...
What is 'Lease Balance' The amount of money that a customer owes under the terms of a vehicle lease contract. The lease...
What is 'Land Value Tax - LVT' A tax on the value of a piece of land. Land value tax inherently makes...
What is 'Leading Lipstick Indicator' An indicator based on the theory that a consumer turns to less expensive indulgences, such as lipstick,...
What is 'Last-Sale Reporting' An electronic entry, to the Nasdaq stock market, of the amount and price of shares involved in a...
Larry Montgomery What is 'Larry Montgomery ' A former CEO and chairman of Kohl's department stores. Montgomery joined Kohl's in 1988...