Category: L

Bank or finance company’s daily total loan value.

The amount borrowed in relation to the actual value of the property.

When a company allows a white knight to purchase its most valuable assets to prevent a hostile takeover.

Efficient, cost-effective movement of goods and personnel by applying management principles to logistics operations.

A position that loses profit due to a decline in prices.

Long-term basis for nursing or custodial care occurs at such a facility. Typically, this kind of facility is state-licensed.

A contract to provide annual seniority-based employee compensation. Given as compensation for their service to top pay-scale employees.

Current year’s net loss offsets previous year’s taxable income as an accounting adjustment, giving a tax refund as already paid. US tax law allowance. Also refer to loss carryforward.

Loan payments a consumer cannot make and no longer recoverable are a loss amount. T

The ability an insurance company has to cover its loss with premiums.

1985 US Supreme court decision, ‘Cleveland Board of Education vs. Loudermill’, gave public employee property rights in their jobs. A public employee cannot be terminated without due process involving a pre-termination hearing,

Exceeding this substance’s LADD level has been proven by animal testing to manifest toxic effects.

As prices, profits, wages, and working conditions change economic behavior of employers and employees is studied as this subject.

Industries requiring a large amount of labor to produce its goods and services. Traditionally, the amount of capital needed to produce the goods and services determined labor intensive industries. Agriculture, mining, hospitality

Eroding financial worth of land as that which makes it worthwhile deteriorates. The quality of land will erode from excessive or inappropriate exploitation, often losing its topsoil, vegetation, and/or water resources, .

Regulations on commercial activities involving trademarks. Federal regulations that ensure trademarks are unique to their users. It intends to reduce consumer confusion seeking to identify well-known goods or services. Also known as

An approach where the last acquired product is the first one out for sale. Refer to first in first out.

Term coined by Maltese-born UK psychologist, Dr. Edward de Bono, in his 1970 book, ‘Lateral Thinking.’ Technique to generate Ideas and solve problems. New concepts-building looks for novel ways. Contrast logical, ‘vertical’

Biased judgment assuming that a small number of observations or data points can predict outcome from a larger sample population. Also refer to law of large numbers.

Collecting names and contact information about qualified sales prospects as a process. Intent is to contact these leads by the salespeople seeking sales orders. Direct response advertising and telemarketing are the biggest