Category: L

Definition Lloyd’s of London is a British insurance market where members join together as syndicates to insure risks. Founded in 1686, it is well-known for

Definition In finance, a “load” refers to a sales charge or commission applied to an investment, such as mutual funds. Often used to compensate a

Definition A loan is a sum of money that individuals, businesses, or other entities borrow from financial institutions, usually with the agreement to pay back

Definition A load fund is a type of mutual fund that comes with a sales charge or commission. The sales charge may be paid at

Definition A loan committee is a group of individuals, often within a bank or lending institution, responsible for making decisions related to loan approvals. They

Definition The Loan Constant, also known as the mortgage constant, is a financial term used to measure the annual debt service compared to the total

Definition A Loan Commitment is a pledge by a financial institution to provide a borrower with a specified amount of funds at a certain interest

Definition A loan application fee is a charge that a potential borrower pays to a lender at the start of the loan application process. This

Definition A Loan Credit Default Swap (LCDS) is a type of credit derivative where the credit exposure of an underlying loan is swapped between two

Definition An LLC Operating Agreement is a legally binding document that outlines the operational procedures and ownership responsibilities of a Limited Liability Company (LLC). It