What does 'Last Twelve Months - LTM' mean
The term "last twelve months" (LTM), which is sometimes known as "trailing twelve months" (TTM), refers to...
What is Last In, First Out (LIFO)?
LIFO is an inventory accounting method in which the most recently acquired items are the first ones to...
What is 'Lattice-Based Model' An option pricing model that involves the construction of a binomial tree to show the different paths that...
What is Lead Bank and how does it work
A lead bank is a financial institution that acts as the coordinator for a syndicated loan....
DefinitionThe law of supply is a fundamental principle of economic theory which states that, keeping other factors constant, an increase in price results in...
What is 'Law Of 29' A belief held by some marketers that on average a prospective customer will not purchase a good...
DefinitionLawrence Joseph Ellison is an American businessman, entrepreneur, and philanthropist who is co-founder, executive chairman and chief technology officer of Oracle Corporation. As of...
What is 'Latin Baseball Futures' A financial contract used to speculate on the potential of teenage baseball players from Latin America who...
What is 'Lady Macbeth Strategy' A corporate-takeover strategy with which a third party poses as a white knight to gain trust, but...
What is the 'Learning Curve' A learning curve is a concept that graphically depicts the relationship between cost and output over a...