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 

• LENDING AT A PREMIUM - A loan from one broker to another of securities to cover a customer's short posi...
  
  
• LENDING AT A RATE - Interest paid to a customer on the credit balance received from a short sale.
  
  
• LENDING INSTITUTION - an organization that makes loans.
  
  
• LENDING POLICY - an institution's statement of its basic lending philosophy, including standards, guide...
  
  
• LENDING RATE - The interest charged by the lender on the amount financed.
  
  
• LENDING SECURITIES - Securities borrowed from a broker's inventory, from another customer's margin acco...
  
  
• LENIENCY CLAUSE - a provision written into a promissory note spelling out the lender's willingness to a...
  
  
• LENT - past tense of lend.
  
  
• LEPO - In a normal market the bid is less than the ask, and the difference – the bid-ask spread – would...
  
  
• LEPTOKURTIC (LEPTOKURTOSIS) - Describes the relatively peaked condition for a distribution. This condit...