Liquidation is the act of selling off an asset for cash. It is usually a last-resort approach when a firm desperately needs money to pay off its debt or liabilities and has no other means of doing so....
Limit Up is a term used in commodities trading to refer to the maximum amount by which the price of a commodity is allowed to increase in one trading day. If the limit is hit, then...
Limit Down is a term used in commodities trading to refer to the maximum amount by which the price of a commodity is allowed to fall in one trading day. If the limit is hit, then t...
A limit is a type of order relating to the trading of an asset. It is placed with a broker and indicates a price level at which the owner of the asset wishes to exit their position. This wil...
The LIFFE, or London International Financial Futures and Options Exchange is a futures exchange which is based in London but is part of the NYSE's Euronext exchange....
A liability is any debt that is owed by a firm, individual or country. Liabilities detract from value and are used to finance assets.All liabilities are listed on a company's balance sheet a...
Leveraged Finance (also known as LevFin and LF) is an area within the investment banking division of a bank that is responsible for providing advice and loans to private equity firms and cor...
LBO stands for Leveraged Buyout and refers to the purchase of a company while using mainly debt to finance the transaction. Leveraged Buyouts are usually done by private equity firms and ros...
Leverage is the use of borrowed money to enhance the returns of any investment. Using leverage, an investor is able to achieve the returns of a very large investment whilst only providing the capital ...
A letter of intent is any written communication between two parties agreeing on the trade of a good or service, or any corporate action (merger, acquisition etc.). This letter usually outlines the spe...