Locked-In Retirement Account (LIRA)
Definition A Locked-In Retirement Account (LIRA) is a Canadian retirement savings plan designed to hold pension funds when you leave a job before retirement. It
Definition A Locked-In Retirement Account (LIRA) is a Canadian retirement savings plan designed to hold pension funds when you leave a job before retirement. It
Definition A lock-up agreement is a contractual provision preventing investors from selling their securities for a specified period. It is often used during initial public
Definition The lock-up period in finance refers to a predetermined amount of time following an Initial Public Offering (IPO) in which large shareholders, such as
Definition A Log-Normal Distribution is a statistic term applied in financial analysis, where the log of a variable has a normal distribution. In finance, it
Definition The London Interbank Bid Rate, commonly called LIBID, is the average interest rate at which banks are willing to borrow funds from other banks
Definition The London InterBank Offered Rate (LIBOR) is a benchmark rate that some of the world’s leading banks charge each other for short-term loans. It
Definition Locked In, in financial terms, refers to a situation where an investor is unable to sell or alter a security or financial investment due
Definition A logarithmic price scale, also known as a semi-log scale, is a type of scale used on a chart that displays price in a
Definition Lockbox banking is a service provided by banks to companies for the receipt of payment from customers. The payments are sent to a special
Definition Logistics in financial terms refers to the overall process of managing how resources are acquired, stored, and transported to their final destination. It involves
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