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Category: L

Land Contract

Definition A land contract, also known as a contract for deed or installment sale agreement, is a financial arrangement where a buyer purchases a property

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Lagging Indicator

Definition A lagging indicator is a measurable economic factor that changes after the overall economy has already begun to follow a particular pattern or trend.

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Laissez-Faire

Definition Laissez-faire is a French term that translates to “let it be” or “let them do” in English. In financial and economic contexts, it refers

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Landlocked

Definition In a financial context, “landlocked” refers to a piece of real estate or property that has no direct access to public roads, thoroughfares, or

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Land Value Tax (LVT)

Definition Land Value Tax (LVT) is a levy imposed on the unimproved value of a piece of land, excluding any buildings, structures, or other improvements

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Land Value

Definition Land value refers to the monetary worth of a parcel of land, which is determined by its location, size, and potential for development or

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Lambda

Definition Lambda is a financial metric that measures an investment’s leverage, specifically the sensitivity of an option or a portfolio’s value to changes in the

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Land

Definition Land, in financial terms, refers to the physical surface of the Earth, including its natural resources, that is owned by an individual or entity.

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Land Trust

Definition A Land Trust is a legal entity that holds and manages real estate properties on behalf of its beneficiaries. Its primary purpose is to

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