Category: L

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.

Organized, arranged, steady income-producing investment portfolio. Bonds with different maturities spread the investment amount to hedge and minimize interest rate fluctuation impacts. Equal amounts of money buys bonds due to mature in

Condition of acreage having no direct access to the sea, being totally surrounded by other unique land areas. An example is Switzerland.

Previous tender identical or similar items’ agreed-to prices.

side-by-side hanging-file filing cabinet, displaying all file tags/labels at once. A lateral file cabinet is wide instead of deep. Contrast vertical shelf file.

Economic concept that optimization brings an increase in returns from a manufacturing operation. A change in the proportion of production factors can push toward the optimum or away from it. An example

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

The mechanisms for making, communicating, and executing decisions, and for selecting and training leaders and managers organized into a repeatable process. Leadership is exercised through formal and informal organizational structure, policies, and

A lender, bank or leasing company has a lease agreement and arranges any financing required.

Lawful accountability and obligations required due to civil actions or torts, or a contract’s terms. Only a court-decision can set this obligation even if by mutual agreement a settlement occurs out of

Law passed to prevent consumers from being stuck with non-performing, unwanted products.