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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

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

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...

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