Category: L

An organization’s chain-of-command job position accountable for the organization’s resources decisions to generate revenue and achieve organizational objectives. Also refer to line and staff management.

A conference carrier provides this scheduled service.

Property for lease or sale assigned to an authorized real estate broker. Also known as listing.

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

For making a mortgage loan, the lender charges a fee to the borrower. Typically a percentage of the loan principal.

When a company allows a white knight to purchase its most valuable assets to prevent a hostile takeover.

For loans on a collateralized security, this is the interest rate charged by the central bank of Germany.

The current market value of a brokerage account’s securities calculated daily.

2,240 pounds, also called an imperial ton. Mostly replaced these days with the metric ton or tonne. Weighs 1,000 kilograms or 2,204.68 pounds. One million dollars in new one dollar notes is

The insurer / insurance company hires one for an insured’s insurance claim investigation and settlement an insured. This person is typically and independent entity. Also refer to loss adjustor.

Income loss on a company’s financial statement accounting for litigation proceedings’ financial impact.

Lessening damage payout by hazard elimination or reduction. Insurer or outside organization inspect and engineer improvements.

A company offers a relatively low price as a pricing strategy, seeking to stimulate demand and gain market share. One of three generic marketing strategies. Refer to differentiation strategy and focus strategy.

Prepared wood, readied for the process of being used in building, construction, paper, or other similar purposes. A tree cut down, or sawed into standard boarding, lumber refers to wood at any

Financial market, economic indicators that only change following economic change to a new trend or pattern. Usually six months precedes a shift in these indicators, trailing behind the overall economic cycle versus

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

Converting illegal funds into legal by absorbing it into legal commercial cash flow.

Going onto a piece of land or a premises under a claim or court order by a non-owner or non-occupant,

Refers to an easy business operation or a virtually guaranteed success. A sale or trade is almost 100% certain to take place. A plumbing metaphor of a lead pipe attached to another