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
- LOANTOVALUE RATIO - The relationship between the amount of the mortgage loan and the appraised value of...
- LOC - See letter of credit and line of credit.
- LOCAL - Is a floor trader who is a member of an exchange. He trades for his own account as opposed to d...
- LOCAL AUTHORITY SEARCH - A check carried out by the buyer's solicitor to check that there are no propos...
- LOCAL AUTHORITY SEARCH FEE - A fee paid by your solicitor to the local council to check on proposed dev...
- LOCAL CLEARING HOUSE - An organization established by the banks in a local area to facilitate the prese...
- LOCAL DISTRIBUTION COMPANY (LDC) - Company that distributes natural gas primarily to end-users. A gas u...
- LOCAL EXPECTATIONS HYPOTHESIS (LEH) - Theory that bonds similar in all aspects except maturity will hav...
- LOCAL EXPECTATIONS THEORY - A form of the pure expectations theory that suggests that the returns on bo...
- LOCAL GOVERNMENT INVESTMENT POOLS (LGIPS) - Commingled investment pools. The public sector equivalent o...
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