Tag: bank
Lead Bank
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....
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...
Laughing Heir
DefinitionIn the law of inheritance, a laughing heir is an heir who is legally entitled to inherit the property of a person who has...
Layered Fees
What is 'Layered Fees' Two sets of management fees that are paid by an investor for the same group of assets. This...
Lapping Scheme
What is a 'Lapping Scheme' A lapping scheme is an accounting method that involves altering the accounts receivable section of the balance...
Landlocked
DefinitionA landlocked state or landlocked country is a sovereign state entirely enclosed by land, or whose only coastlines lie on closed seas. There are...
Land Contract
What is a land contract and how does it works?
A land contract is a contract between the buyer and seller of a piece of...
Latin Baseball Futures
What is 'Latin Baseball Futures' A financial contract used to speculate on the potential of teenage baseball players from Latin America who...
Nationalization
DefinitionNationalization is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state....
Lagged Reserves
Banks use lagged reserves to manage their liquidity and protect themselves from risks associated with deposit outflows. Lagged reserves are a critical tool for...