Category: L

LIFO method inventory amount in contrast to the FIFO method inventory amount.

A promise to buy securites at the closing market prices.

A share certificate representing one unit of ownership in a partnership which has both general and limited partners, known as limited partnership. Limited partners invest in the venture and receive a prestated

Distribution or transmission system having inherent inefficiencies or defects leads to this waste of electrical energy.

1. Un-natural, mostly theoretical property of ordered systems and straight lines, characterized by ‘good behavior,’ predictability, and simple proportions. It is not a common feature of the natural (real) world and exists

When a company holds their assets and does not sell them. It stops any two way traffic of funds causing new buyers to enter the market.

Area inside a wall that reflects sound, thus sustaining it.

An investor making periodic contributions to a mutual fund account. It spreads out the load payments as smaller ones. Also known as Spread Load Contractual Plan. An alternative is to pay fees

Employment action. An entity stops or withholds work. The work force is not allowed on entity property during this condition. It is a reverse strike by entity management, intended to compel an

Equipment, facilities, spares, technical information, and trained personnel procurement and distribution for a campaign, plan, or project as essential actions for their proper operation.

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

A year or more in the future, either from the balance sheet date or today, this obligation is due in goods or services. Disclosing its long-term liabilities with their interest rates, other

A decrease on the profit return results in this condition as the current value of the investment is less that the bid.

Risk management techniques used to prevent loss and increase profit.

Payment authorization clause. Covers insured payout to insured entities who are not the insured. Protects a mortgage lender, as an example.

An accepted incremental quantity or measure of what an entity is offering for sell or willing to purchase. Another name for lot quantity.

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

When an underwrite gives extra share when an investor agrees to buy on the secondary market. This is illegal and is called spinning.

Non-payment of rent and/or other charges gives rights to the lessor/owner to seize and sell a tenant’s assets.

A principle for making an individual liable for an accident for not avoiding the situation when a final clear opportunity presented itself.