Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

LEAD INDEPENDENT DIRECTOR

When a representative acts as leader of the board. Refer to presiding directory, residing director, and nonexecutive director.

LEAD INVESTOR

Typically the venture capitalist initiating the deal, acting on behalf of the other investors. Oftentimes it is the partner or investor with the largest share of capital in a syndicated financing arrangement.

LEAD MANAGEMENT

Tracking and managing sales leads as a complete process. Beginning with the prospective customers from lead generation to the sales and long-term relationships. Measuring sales and marketing efficiency comes from the data

LEAD MANAGER

Coordinating bank or underwriting firm for an underwriting syndicate as the organizer and a member. Launch and sale of the issue of securities underwritten by the syndicate are primary roles of this

LEAD PIPE

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

LEAD TIME

Amount time needed to set up or prepare to execute from being told that execution must occur. Time that must be allowed to complete an operation or process, or time that must

LEAD USER

a product or service user driving the leading edge of significant market trends. Meeting the needs of these users is a strong incentive for solutions. As user needs become the mainstream, development

LEAD USERS

Early consumers of latest methods, technologies, goods and products. This makes significant opportunities to springboard innovative products. As leading proponents, their needs direct the general market’s needs and choices.

LEADED STEEL

Steel, with 0.15 to 0.35 percent lead as a lubricant to make more machinable. It also contains about the same amounts of sulfur.

LEADER

An entity, typically, a person, that provides direction to those who follow. Often holds a dominant or superior position within a specific field. Exerts a high degree of control or influence over

LEADER LOCATION

A site that attracts customers to the insured’s business. One of the four kinds of dependent properties covered under business income insurance.

LEADER PRICING

Introducing a new brand or stimulating consumer interest in a product or family of products by selling selected products in a product family or assortment at less than their normal profit margins.

LEADERSHIP

1. The position as head of a group of people or an organization. A type ability attributed to leading. 2. One or more individuals allowed to lead an organization as a group.

LEADERSHIP DEVELOPMENT

Training an individual who may or may not use learned skills in a leadership position to be a leader. Teaching of how-to-lead qualities, communication, ability to motivate others, and management skills.

LEADERSHIP GRID

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

LEADERSHIP SYSTEM

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

LEADING

Spacing between lines of text as a vertical amount. .

LEADING ECONOMIC INDICATORS (LEI)

Ten underlying economic indicators as a composite index. Individually or combined, their trends predict changes in the economic cycle. Conference Board releases a report on this composite on or around the 20th

LEADING INDICATORS

Measurable economic performance factors. Changes in any factor traced predicts changes in the underlying economic cycle’s particular direction or trend. They forecast forthcoming overall economy patterns as these statistics precede by one

LEADING PRACTICE

Where it is inordinately difficult to identify or implement a best practice, this team is used instead.

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