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 

• LITTORAL RIGHTS - The rights of a landowner whose land borders a pond, lake or ocean shore-line where t...
  
  
• LIVE DOLLAR ENTRY - an entry that affects a funds transfer rather than non-dollar entries
  
  
• LIVE SIGNATURE - Also called “WET SIGNATURE”
  
  
• LIVE-WORK SPACE - A dwelling, such as a loft, in which the occupant both lives and conducts business.
  
  
• LIVERY OF SEIZIN - Under common law, the process of transferring title.
  
  
• LIVING BENEFITS - Life insurance benefits from which the insured can draw cash while still living, usua...
  
  
• LIVING BENEFITS RIDER - Provision on a life insurance policy that allows the insured to tap into the be...
  
  
• LIVING TRUST - An arrangement in which a property owner (trustor) transfers assets to a trustee who ass...
  
  
• LIVING WILL - A legal document in which an individual states, in advance of final illness or injury, hi...
  
  
• LJUNG-BOX STATISTIC - A chi-square test of significance of higher order correlation existence. The marg...