Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• LEGAL TITLE - The bundle of rights of ownership that a person acquires in purchasing a piece of propert...
  
  
• LEGAL TRANSFER - A stock transaction that requires special documentation in addition to standard stock ...
  
  
• LEGALLY COMPETENT PARTIES - People who are recognized by law as being able to contract with others; tho...
  
  
• LEGATEE - A person who receives money or personal property under a will.
  
  
• LEGEND DRUG - Drug which federal law stipulates can only be obtained with a prescription.
  
  
• LEGISLATIVE RISK - The risk that new or changed legislation will have a large positive or negative effe...
  
  
• LEGITIMACY THEORY - posits that businesses are bound by the social contract in which the firms agree to...
  
  
• LEGITIMATE - Used in the context of general equities. Real interest in trading as compared to a profile...
  
  
• LEGS - Refers to a security or a market which has the capacity to continue an underlying trend.
  
  
• LEHMAN BROTHERS ADJUSTABLE-RATE MORTGAGE INDEX - A benchmark index that includes all agency-guaranteed ...