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 

• L/C OR LC - See letter of credit and line of credit.
  
  
• LABOR BANKS - banks owned by labor unions and their members.
  
  
• LABOR INTENSIVE - used to describe industries or sectors of the economy that relies relatively heavily ...
  
  
• LACHES - An equitable doctrine used by courts to bar a legal claim or prevent the assertion of a right ...
  
  
• LADDER OPTION - An option somewhere between a Lookback (q.v.) and a European Option. A Ladder Call Opti...
  
  
• LADDER PERIODIC CAP - A Periodic Cap (q.v.) that depends not on LIBOR at the end of the previous period...
  
  
• LADDER STRATEGY - A bond portfolio construction strategy that invests approximately equal amounts in ev...
  
  
• LADDERED MATURITIES - A maturity pattern within a portfolio in which maturities of the assets in the po...
  
  
• LADDERING - By laddering, or staggering, the maturities on fixed-income investments, such as certificat...
  
  
• LADY MACBETH STRATEGY - Strategy in which a third party poses as a white knight in a takeover bid, and ...