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Landominium
What is 'Landominium'
When a person owns a piece of residential property, he or she owns both the house and the land on which the...
Law Of Demand
DefinitionIn microeconomics, the law of demand states that, "conditional on all else being equal, as the price of a good increases, quantity demanded decreases...
Last-Sale Reporting
What is 'Last-Sale Reporting' An electronic entry, to the Nasdaq stock market, of the amount and price of shares involved in a...
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,...
Law Of Diminishing Marginal Utility
What is the law of diminishing marginal utility
The law of diminishing marginal utility is the principle that as a person consumes more of a...
Lead Time
What is lead time and why is it important
In the business world, lead time is the amount of time that elapses between the start...
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...
Late-Day Trading
What is 'Late-Day Trading' An unethical (if not illegal) practice of a hedge fund purchasing and then selling securities (usually shares of...