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 

• LICENSES - See Series 3 for Commodities and Series 7 for General Securities. More licenses are listed i...
  
  
• LICENSING - Arrangement in which a local firm in the host country produces goods in accordance with ano...
  
  
• LIEN - An interest or encumbrance held by a creditor in a debtor's real or personal property for the sa...
  
  
• LIEN HOLDER - a person or institution holding a mortgage or having a legal claim on the specific proper...
  
  
• LIEN PERFECTION - The process of ensuring that the lien holder is correctly identified on the title.
  
  
• LIEN SEARCHES - The process or the result of investigations into the outstanding liens in a pledgor’s o...
  
  
• LIEN THEORY - Some states interpret a mortgage as being purely a lien on real property. The mortgagee t...
  
  
• LIEN WAIVER - A document that releases a consumer (homeowner) from any further obligation for payment o...
  
  
• LIFE ANNUITY - An annuity that pays a fixed amount for the lifetime of the annuitant.
  
  
• LIFE ASSURANCE [INSURANCE] BONDS - Bonds backed by life insurance policies. The idea is that life insur...