Category: L

Definition Local tax refers to a compulsory financial charge or other levy imposed by a local government, which could be a city or town, on

Definition A loan shark is a person or entity that offers loans at extremely high interest rates, often under illegal conditions. They typically use threats

Definition Loan-to-Deposit Ratio (LDR) is a metric used by banks to compare a bank’s total loans to its total deposits. A high LDR indicates that

Definition In finance, “lobby” refers to the act of attempting to influence the decisions of policymakers, often in favor of specific interests or industries. This

Definition Loan stock refers to shares of common or preferred stock that are used as collateral to secure a loan from another party. The loan

Definition Loan servicing is an umbrella term used in the finance industry to describe the administrative aspects of a loan from the time the proceeds

Definition The Loan-to-Cost Ratio (LTC) is a financial term used primarily in the real estate construction industry. It refers to the ratio between the construction

Definition Loan-to-Value (LTV) is a financial term that lenders use to measure the ratio of a loan to the value of an asset purchased. It’s

Definition “Lock in profits” is a financial strategy employed to secure existing profits that have been made on an investment. This is typically done by

Definition Loan syndication is a process where several lenders come together to provide funds to a single borrower. The entire amount of loan is split