Business and Personal Finance Dictionary

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• LONDON INTERBANK OFFERED RATE - A short-term interest rate often quoted as a 1,3,6-month rate for U.S.d...
  
  
• LONDON INTERBANK OFFERED RATE (LIBOR) - The rate at which banks in the foreign market lend dollars to o...
  
  
• LONDON INTERNATIONAL FINANCIAL FUTURES AND OPTIONS EXCHANGE (LIFFE) - A leading market for trading opti...
  
  
• LONDON METAL EXCHANGE (LME) - A market for trading base metals, where traded options contracts are avai...
  
  
• LONDON STOCK EXCHANGE - The London Stock Exchange is the UK's leading stock exchange and the most inter...
  
  
• LONDON STOCK EXCHANGE (LSE) - The U.K.'s six regional exchanges joined together in 1973 to form the sto...
  
  
• LONG - The position of an investor who owns, or commits to buy, a security in either the cash or future...
  
  
• LONG BOND - The long bond is the 30-year bond issued by the US Treasury. The yield, or what you earn, o...
  
  
• LONG BONDS - Bonds with a long current maturity. The "long bond" is the 30-year US Treasury bond.
  
  
• LONG COUPON - Sometimes bonds are issued with a bond date of greater than six months from the issue dat...