Category: L

Energy utilities’ demand reduction method. Demand is load. Different geographical areas have their energy generation temporarily switched off.

Where bid price equals the asked price as a temporary situation.

In a particular environment or industry, these are all successive steps comprising a logistic process.

The jurisdiction of foreign courts is extend to local territory, usually on a reciprocal basis for specific types of cases, by this local law.

If held for more than one year, this is a capital assets’ gain or loss.

Without violating its literal interpretation, an allowed legal interpretation or practice unintentionally ambiguous due to a textual exception, omission, or technical defect, evades or frustrates the intent of a contract, law, or

When new equity is issued after a trigger event. It is a contingency measure.

Lost capacity of one’s body part or entity’s property due to another party’s negligence or wrongdoing causing the lost capacity. Compensation throughout the lost-capacity duration is typical. This is a legal term.

Land parcel identification and location method. A unique combination number of lot-and-block is assigned to a land parcel, distinguishing it from surrounding parcels. Also refer to Recorded Plat Survey System.

Portion of data, separated into four equal parts, representing the divided set’s lowest value.

A level above travel class. Most pricey accommodations.

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

Warehouse keeper issues this document to a recently landed shipment’s consignee as the shipment is stored in the warehouse. The document gives details of the shipment and the date when demurrage charges

A given security’s most recently executed-transaction’s price.

A potential market with ready consumers identified for a product or service not yet offered. Finding this potential helps a company move towards new products or services with building demand. The first

Purchasing power doctrine preaching parity where the real purchasing power of different currencies trends to equalize differing inflation rate in the respective countries, forcing a similar price in each country for commodities

Natural element as a heavy metal that endangers life. Proven to cause mental retardation, increased infections and cancer rates. Lead blunts the body’s defense mechanisms, the immune system, and collects in blood,

Tracking two basic leadership attributes: concern for results and concern for people. A graphical tool for evaluating leader behavior along effective leadership styles..

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

Specifically, a leasehold estate authorized with a set term by a deed .