Glossary of Stock Market Terms

Browse Terms By Number or Letter:
Financial Terms By: L
L
LA
Ladder strategy
Lady Macbeth Strategy
Laffer curve
Lag
Lag response of prepayments
Lagging
Lagging indicators
Laisse-faire
LAK
Lambda
Land contract
Landlord
LAO
Lapsed option
Large scale asset purchase
Large-cap
Last in, first out (LIFO)
Last sale
Last split
Last trading day
Late charge
Late tape
Late trading
Latent default
Later stage
Launder
Law of large numbers
Law of one price
Lay off
Layup
LB
LBN
LBO
LBP
LBR
LBY
LC
LCA
LCL
LCR
LDC
LDI
LDs
Lead
Lead arranger
Lead bank
Lead Manager
Lead pipe
Lead regulator
Lead underwriter
Leader
Leading
Leading and lagging
Leading economic indicators
Leading indicator
Leading the market
League tables
Leakage
LEAPS
Lease
Lease acquisition cost
Lease rate
Lease term
Lease-purchase agreement
Leaseback
Leasehold
Leasehold improvement
Leaves
Ledger cash
Leg
Leg up
LEGAL
Legal bankruptcy
Legal capital
Legal defeasance
Legal entity
Legal investments
Legal list
Legal monopoly
Legal opinion
Legal risk
Legal transfer
Legislative risk
Legitimate
Lehman Brothers Adjustable-Rate Mortgage Index
Lehman Brothers Aggregate Bond Index
Lehman Brothers California Municipal Bond Index
Lehman Brothers Corporate Bond Index
Lehman Brothers Government Bond Index
Lehman Brothers Government/Corporate Bond Index
Lehman Brothers Mortgage-Backed Securities Index
Lehman Brothers Municipal Bond Index
Lehman Brothers New York Municipal Bond Index
Lemon
Lemons problem
Lend
Lendable funds
Lender
Lender liability lawsuits
Lender of last resort
Lending agreement
Lending at a premium
Lending at a rate
Lending securities
Leptokurtosis
Less Than Container Load
Less-developed countries (LDCs)
Lessee
Lessor
Letter of Administration
Letter of comment
Letter of credit (LOC)
Letter of Guarantee
Letter of intent
Letter of Testamentary
Letter of Transmittal
Letter stock
Level
Level annuity system
Level debt service
Level load
Level pay
Level term insurance
Level-coupon bond
Leverage
Leverage clientele
Leverage ratios
Leverage rebalancing
Leveraged beta
Leveraged buyout (LBO)
Leveraged company
Leveraged equity
Leveraged investment company
Leveraged lease
Leveraged loan
Leveraged portfolio
Leveraged recapitalization
Leveraged required return
Leveraged stock
Levered portfolio
LI
Liability
Liability driven investment (LDI)
Liability funding strategies
Liability insurance
Liability swap
LIBOR
License agreement
Licensing
LIE
Lien
Life annuity
Life cycle
Life expectancy
Life insurance
Life insurance in force
Life insurance policy
Lifetime reverse mortgage
LIFFE
LIFO
Lift
Lifted
Lifting a leg
Lighten up
Lima Stock Exchange
Limit
Limit Cycles
Limit on close order
Limit order
Limit order book
Limit order information system
Limit price
Limit up, limit down
Limitation on asset dispositions
Limitation on conversion
Limitation on liens
Limitation on merger, consolidation, or sale
Limitation on sale-and-leaseback
Limitation on subsidiary borrowing
Limited company
Limited discretion
Limited flexibility exchange rate system
Limited liability
Limited liability company (LLC)
Limited partner
Limited partnership
Limited payment policy
Limited price order
Limited recourse
Limited risk
Limited warranty
Limited-liability instrument
Limited-tax general obligation bond
Line of credit
Linear programming
Linear regression
Linking method
Lintner's observations
Lipper Mutual Fund Industry Average
Liquid
Liquid asset
Liquid market
Liquid yield option note (LYON)
Liquidated damages
Liquidating dividend
Liquidation
Liquidation by assignment
Liquidation rights
Liquidation value
Liquidator
Liquidity
Liquidity Coverage Ratio
Liquidity diversification
Liquidity Fund
Liquidity preference hypothesis
Liquidity premium
Liquidity put
Liquidity ratios
Liquidity risk
Liquidity theory of the term structure
Liquidity Trap
Lisbon Stock Exchange (LSE)
Listed firm
Listed option
Listed security
Listed stocks
Listing
Listing broker
Listing requirements
Living benefits
Living trust
Living will
LK
LKA
LKR
Lloyds of London
Load
Load fund
Load spread option
Load-to-load
Loan
Loan amortization schedule
Loan commitment
Loan crowd
Loan origination
Loan Preference Principle
Loan shark
Loan syndication
Loan value
Loan-to-value ratio (LTV)
Loaned flat
LOC
Local
Local expectations hypothesis (LEH)
Local expectations theory
Local taxes
Location-specific advantages
Locational arbitrage
Lock
Lock in
Lock-out
Lock-up CDs
Lockbox
Locked in
Locked market
Lockup Agreement
Lockup option
Log-linear least-squares method
Lognormal distribution
Lombard rate
London Commodity Exchange (LCE)
London Interbank Bid Rate (LIBID)
London Interbank Offered Rate
London International Financial Futures and Options Exchange (LIFFE)
London Metal Exchange (LME)
London Stock Exchange (LSE)
Long
Long bonds
Long coupons
Long end duration (LEDUR)
Long end of the yield curve
Long hedge
Long leg
Long market value
Long only portfolio
Long position
Long position in an option
Long run
Long short portfolio
Long straddle
Long-term
Long-Term Anticipation Securities (LEAPS)
Long-term assets
Long-term capital gain
Long-term debt
Long-term debt ratio
Long-term debt-to-equity ratio
Long-term debt/capitalization
Long-term financial plan
Long-term financing
Long-term forward contracts
Long-term gain
Long-term goals
Long-term investor
Long-term liabilities
Long-term loss
Longevity Swap
Look
Look-thru
Lookback option
Looking for
Loophole
Loose credit
Loss
Loss Carry-Back (Carry-Forward)
Loss payee
Loss ratio
Loss-control activities
Loss-of-income insurance
Lots
Louvre Accord
Low
Low balance method
Low ball
Low grade
Low price
Low price-earnings ratio effect
Low-coupon bond refunding
Low-load fund
LP
LR
LRD
LS
LSAP
LSL
LSO
LT
LTL
LTU
LTV
LU
LUF
Lump sum
Lump-sum distribution
LUX
LV
LVA
LVL
LY
Lyapunov Exponents
LYD
LYON