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 

• LATIN AMERICAN MODEL - an accounting model. There are other accounting systems which differ from the U....
  
  
• LATITUDE - Distance on the earth's surface, measured northward or southward from the equator measured i...
  
  
• LAUNDER - To move illegally acquired cash through financial systems so that it appears to be legally ac...
  
  
• LAW OF AGENCY - A fiduciary relationship is created under the law of agency when a property owner, as t...
  
  
• LAW OF LARGE NUMBERS - The mean of a random sample approaches the mean (expected value) of the populati...
  
  
• LAW OF ONE PRICE - An economic rule stating that a given security must have the same price no matter ho...
  
  
• LAW OF SERIES - A succession of random events, such as flipping a coin.
  
  
• LAY CARDS ON THE TABLE - be perfectly honest
  
  
• LAY OFF - In the context of general equities, this eliminates all or part of a position by finding cust...
  
  
• LAYUP - Used in the context of general equities. Easily executed trade or order. See: Lead pipe.