Category: L

Definition Loss Carryforward is a financial provision that allows a company to use its current year’s net operating losses to offset future taxable income. This

Definition Loss carryback is a provision that allows a business to apply a net operating loss in a current year to its past profitable years

Definition A Lookback Option is a type of financial derivative contract that allows the holder to maximize their return by choosing the exercise price retrospectively,

Definition A loophole in finance refers to a technicality that allows a person or business to avoid the scope of a law or restriction without

Definition The term “Loss Payee” refers to an individual or entity that is entitled to receive claim payment from an insurance policy in case of

Definition The Lorenz Curve is a graphical representation used in economics to visualize the distribution of wealth or income within a population. It plots the

Definition Loss Given Default (LGD) is a financial term used in the assessment of credit risk to measure potential losses if a borrower defaults on

Definition Loss Adjustment Expense (LAE) is a term used in the insurance industry representing the costs incurred by an insurer while investigating, handling, and settling

Definition Loss development is a term used in insurance accounting to refer to the change in the value of insurance claims over time. It is

Definition A loss leader strategy is a marketing method where a product is sold at a price below its market cost to stimulate other sales