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Vendor Take-Back Mortgage

Home Ownership by Country Vendor Take-Back Mortgage What is a 'Vendor Take-Back Mortgage' A vendor take-back mortgage is a type of mortgage...

Lease Balance

What is 'Lease Balance' The amount of money that a customer owes under the terms of a vehicle lease contract. The lease...

Leakage

What is a 'Leakage' Leakage is a situation in which capital, or income, exits an economy or system rather than remaining within...

Lead Underwriter

What is 'Lead Underwriter' A investment bank or other financial outfit that has the primary directive for organizing an initial public stock...

Last Twelve Months (LTM Finance)

What does 'Last Twelve Months - LTM' mean The term "last twelve months" (LTM), which is sometimes known as "trailing twelve months" (TTM), refers to...

Libor

LIBOR stands for the London InterBank Offered Rate. It is also termed as ICE LIBOR these days because the Inter Continental Exchange or ICE...

Land Value

What is 'Land Value' Land value is the value of a piece of property, including both the value of the land itself...

Late Majority

What is 'Late Majority' The last sizable segment of a population to adopt an innovative technology. The late majority accounts for roughly...
Large-value stocks

Large-Value Stock

Large-value stocks are a type of stock that typically offer investors high dividends and capital appreciation potential. These stocks are often found in the...

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...

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