Business and Personal Finance Dictionary

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• LARGE-CAP - A stock with a high level of capitalization, usually at least $5 billion market value.
  
  
• LARGE-CAP BLEND FUND - A mutual fund that invests in stocks with a median market capitalization of $11 ...
  
  
• LARGE-CAP STOCKS - Stocks issued by companies with a market capitalization of over $5 billion. Large-ca...
  
  
• LARGE-CAPITALIZATION (LARGE-CAP) STOCK - This is the stock of large, established companies, with market...
  
  
• LASER - Paribas Capital Markets' Liquid Asset Swap with Enhanced Return. A kind of SPV (q.v.) that Mood...
  
  
• LAST - This indicates the most recent trade of a security.
  
  
• LAST IN, FIRST OUT (LIFO) - An accounting method that fixes the cost of goods sold to the most recent p...
  
  
• LAST NOTICE DAY - For Exchange metals contracts, the final day on which notices of intent to deliver on...
  
  
• LAST SALE - The most recent trade performed in a security.
  
  
• LAST SPLIT - After a stock split, the number of shares distributed for each share held and the date of ...