Super Finance Glossary
Over 10,000 financial glossary terms...
If you want to refine these results, please use the search box.
Hint: Not sure how the word is listed? Just enter the first few letters.
Hint: Not sure how the word is listed? Just enter the first few letters.
Browsing by the letter "L"
Displaying next 100 results of 371
Legislative Risk
Definition: The risk that new or changed legislation will have a large positive or negative effect on an investment.
Definition: The risk that new or changed legislation will have a large positive or negative effect on an investment.
Legitimate
Definition: Used in the context of general equities. Real interest in trading as compared to a profile stance. See: Natural.
Definition: Used in the context of general equities. Real interest in trading as compared to a profile stance. See: Natural.
Lehman Brothers Adjustable-Rate Mortgage Index
Definition: A benchmark index that includes all agency-guaranteed securities with coupons that periodically adjust based on a spread over a published index.
Definition: A benchmark index that includes all agency-guaranteed securities with coupons that periodically adjust based on a spread over a published index.
Lehman Brothers Aggregate Bond Index
Definition: A benchmark index made up of the Lehman Brothers Government/Corporate Bond Index, Mortgage-Backed Securities Index, and Asset-Backed Securities Index, including securities that are of investment-grade quality or better, have at least one year to maturity, and have an outstanding par value of at least $100 million.
Definition: A benchmark index made up of the Lehman Brothers Government/Corporate Bond Index, Mortgage-Backed Securities Index, and Asset-Backed Securities Index, including securities that are of investment-grade quality or better, have at least one year to maturity, and have an outstanding par value of at least $100 million.
Lehman Brothers California Municipal Bond Index
Definition: A benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds issued in California. All securities have long-term maturities (greater than two years) and are selected from issues larger than $50 million.
Definition: A benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds issued in California. All securities have long-term maturities (greater than two years) and are selected from issues larger than $50 million.
Lehman Brothers Corporate Bond Index
Definition: A benchmark index that includes all publicly issued, fixed-rate, nonconvertible, dollar-denominated, SEC-registered, investment-grade corporate debt.
Definition: A benchmark index that includes all publicly issued, fixed-rate, nonconvertible, dollar-denominated, SEC-registered, investment-grade corporate debt.
Lehman Brothers Government Bond Index
Definition: A benchmark index made up of the Treasury Bond Index and the Agency Bond Index as well as the 1-3 Year Government Index and the 20+ Year Treasury Index.
Definition: A benchmark index made up of the Treasury Bond Index and the Agency Bond Index as well as the 1-3 Year Government Index and the 20+ Year Treasury Index.
Lehman Brothers Government/Corporate Bond Index
Definition: A benchmark index made up of the Lehman Brothers® Government and Corporate Bond indexes, including U.S. government Treasury and agency securities as well as corporate and Yankee bonds.
Definition: A benchmark index made up of the Lehman Brothers® Government and Corporate Bond indexes, including U.S. government Treasury and agency securities as well as corporate and Yankee bonds.
Lehman Brothers Mortgage-Backed Securities Index
Definition: A benchmark index that includes 15- and 30-year fixed-rate securities backed by mortgage pools of the Government National Mortgage Association (GNMA), Federal Home Loan Mortgage Corporation (FHLMC), and Federal National Mortgage Association (FNMA).
Definition: A benchmark index that includes 15- and 30-year fixed-rate securities backed by mortgage pools of the Government National Mortgage Association (GNMA), Federal Home Loan Mortgage Corporation (FHLMC), and Federal National Mortgage Association (FNMA).
Lehman Brothers Municipal Bond Index
Definition: A benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds with long-term maturities (greater than two years) selected from issues larger than $50 million.
Definition: A benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds with long-term maturities (greater than two years) selected from issues larger than $50 million.
Lehman Brothers New York Municipal Bond Index
Definition: A benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds issued in the state of New York. All securities have long-term maturities (greater than two years) and are selected from issues larger than $50 million.
Definition: A benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds issued in the state of New York. All securities have long-term maturities (greater than two years) and are selected from issues larger than $50 million.
Lemons Problem
Definition: Named after 2001 Nobel Laureate George Akerlof's 1970 paper "The Market for Lemons". His original example had to do with used cars. Why does the seller want to get rid of the car? It might be a lemon. The buyer and seller have asymmetric information. Hence, the buyer will demand a deep discount on the car because of the possibility it is a lemon.
Definition: Named after 2001 Nobel Laureate George Akerlof's 1970 paper "The Market for Lemons". His original example had to do with used cars. Why does the seller want to get rid of the car? It might be a lemon. The buyer and seller have asymmetric information. Hence, the buyer will demand a deep discount on the car because of the possibility it is a lemon.
Lend
Definition: To provide money temporarily on the condition that it or its equivalent will be returned, often with an interest fee.
Definition: To provide money temporarily on the condition that it or its equivalent will be returned, often with an interest fee.
Lendable Funds
Definition: The pool of funds available to borrows; typically categorized by currency and maturity.
Definition: The pool of funds available to borrows; typically categorized by currency and maturity.
Lender Liability Lawsuits
Definition: Legal action of debtor against creditors that alleges unfair enforcement of loan covenants or violation of implied terms of a loan agreement.
Definition: Legal action of debtor against creditors that alleges unfair enforcement of loan covenants or violation of implied terms of a loan agreement.
Lender Of Last Resort
Definition: Traditionally the Federal Reserve Bank in the US, which assists banks that face large withdrawals of funds and in so doing stabilizes the banking system.
Definition: Traditionally the Federal Reserve Bank in the US, which assists banks that face large withdrawals of funds and in so doing stabilizes the banking system.
Lending Agreement
Definition: A contract regarding funds transferred between a lender and a borrower.
Definition: A contract regarding funds transferred between a lender and a borrower.
Lending At A Premium
Definition: A loan from one broker to another of securities to cover a customer's short position, with a borrowing fee included. A fee is unusual since securities are normally lent freely between brokers.
Definition: A loan from one broker to another of securities to cover a customer's short position, with a borrowing fee included. A fee is unusual since securities are normally lent freely between brokers.
Previous
Next
