Category: L

Definition Legal Separation is a term used to describe a situation where a married couple decides to live separate lives, but remains legally married. This

Definition The Lehman Aggregate Bond Index, now known as the Bloomberg Barclays Aggregate Bond Index, is a broad-based flagship benchmark that measures the investment grade,

Definition The Lemons Problem is a concept in economics that refers to issues that arise due to asymmetric information between buyers and sellers, particularly when

Definition Legal tender refers to any form of money that is recognized by a government as suitable for the settlement of public and private debts.

Definition Legislative risk refers to the potential for laws or regulations to change, influencing a business’s profitability or a specific industry’s operations. It’s a type

Definition The Legal Rate of Interest, also known as the statutory interest rate, refers to the maximum interest rate set by law that a lender

Definition The Lehman Formula is a compensation structure traditionally used in the investment banking sector to determine the commission on big financial transactions. It uses

Definition A lender of last resort is typically a country’s central bank or a international financial institution that offers loans to banks or other eligible

Definition Lehman Brothers was a global financial services firm, headquartered in New York and operating worldwide, majorly known for its business in investment banking. It

Definition A lender is an individual, public or private group, or financial institution that provides funds to another party, known as a borrower, under an