Business and Personal Finance Dictionary

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• LIGHT CRUDE OIL - Is petroleum with a low specific gravity and a high API gravity. It has a relatively ...
  
  
• LIGHT ENDS - The more volatile products of petroleum refining, such as butane, propane, and ethane.
  
  
• LIGHTEN UP - Selling some part of a stock or bond position in a portfolio to realize capital gains or t...
  
  
• LIGNITE - An abundant, brownish-black coal with generally high moisture and ash content and lower heati...
  
  
• LIKE KIND - in taxes, refers to property that is similar to another for which it has been exchanged: re...
  
  
• LIKE-KIND EXCHANGE - A tax-deferred exchange of similar items you use in your business or hold for inve...
  
  
• LIKE-KIND PROPERTY - A term used in an exchange of property held for productive use in a trade or busin...
  
  
• LIMA STOCK EXCHANGE - Peru's major securities market.
  
  
• LIMIT - The maximum daily allowable amount a futures price may advance or decline in any one day’s trad...
  
  
• LIMIT CYCLES - An attractor for non-linear dynamic systems which has periodic cycles or orbits in phase...