Category: L

Two or more central offices are typically involved in this type of telephone call.

Calculated as long-term debt divided by total assets. A firm’s debt capacity for its working capital structure is determined this way.

Traded on the stock exchanges and over the counter, with long expiration dates of two to five years instead of the usual nine months, this is a US call or put option

To reduce the frequency or severity of losses, human, engineering, and risk management practices are employed as a multi-disciplinary approach.

Identifying and preventing events causing potential value losses to revenue, assets, or services as a company’s active business practice. To limit the chances of loss, the company’s operating policies or business model

1. In Insurance this is the total of money lost. It is by policy payout, often stated by period. 2. In General business, this occurs whenever overhead expenses exceeds income.

Loans given to borrowers unable or unwilling to give a lender certain information or documentation. A variety of loan types are considered to be low documentation. Not everyone is eligible for this

When the economy suffers a downturn, this is a visual display of society’s costs. Represents output loss resulting from growth rate tied to the real gross domestic product slowing down.

Productive effort of one person in one hour as a work unit. Also known as man hour.

When a buyer locks in gains. Refer to the hatchet option, cliquet option, fixed and floating strike ladder option, or a shout option.

A lease contract option used to allow the lessee the right to extend the lease period past its original endpoint. Typically, the lessee pays a premium for this type of option. With

Time-bound tally of expired insurance policies versus the tally of the same-period’s new policies written. An insurer’s measurement. Also known as expiration ratio.

Trading for a particular delivery month ends on this final day under the rules of a futures exchange. At the end of this last trading day, making or taking delivery of the

A pricing model that uses an assets ending value and calculates backwards to manage the fund.

Entity rights on the high seas; part of international law.

Tracking and managing sales leads as a complete process. Beginning with the prospective customers from lead generation to the sales and long-term relationships. Measuring sales and marketing efficiency comes from the data

Measurable economic performance factors. Changes in any factor traced predicts changes in the underlying economic cycle’s particular direction or trend. They forecast forthcoming overall economy patterns as these statistics precede by one

An agreement allowing the renter to buy the leased item when the lease period expires. Typically, some or all of the lease payment is applied to the purchase. A lease-to-own arrangement usually

Health care, literacy, and per capita income are criteria for the UN designating some of the world’s poorest countries (48 in 1995) as ‘least developed’. Africa, Asia and Pacific, and Haiti have

Documentary material or records under lawful control, ownership, with access to possess, or responsibility for.