Category: L

1. Posting a accepted security on a stock exchange for trading. 2. Certification of an appliance, equipment, or supplies as complying with specific safety and/or other requirements by an independent standards or

A insurance rider attached to a life insurance contract for an insured person who is terminally ill, providing long-term care benefits.

Sales commission, the load, on a mutual fund. It covers administrative and advisory charges. Front-end load: At the time of purchase of shares (units), the sales commission is payable. Backend load: sales

Overt or implied contract requiring a lender to deliver to a borrower specific property and/or cash. A type of lend lease. Within a defined or agreed-to period of time, the borrower returns

Loan’s documented interest rate. the purpose and type of loan dictates the loan rate.

Place to purchase locally produce goods and services. Knowing who will buy the product, where they are located and how far they will travel to obtain the product is essential for this

Record of activities, events, and/or occurrences, systematically, daily or hourly.

Consumer identifier, recognizable and distinctive. Solely for identifying an organization, not a product, it is a graphic design, stylized name, unique symbol, or other device. Also known as logotype. Appearing on all

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.

Time-and-material contract. Contractor accountable for doing the job, not supplying any materials. The contract owner / principal supplies necessary materials and pays a fixed rate compensation covering overhead , profit, and any

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

Regaining land’s worth, either virgin or improvement. Restoring an area of land following its destruction. This process rectifies issues caused by drilling for oil, coal mining, and other such activities. It also

Non-payment of premiums causes cancellation/lapse of a policy.