Category: L

Definition A Liberty Bond is a type of government-issued bond originally sold in the United States to support the allied cause in World War I.

Definition The LIBOR scandal refers to a fraudulent scheme in which large banks manipulated the London Interbank Offered Rate (LIBOR), a benchmark interest rate used

Definition Liability insurance is a type of insurance policy that provides coverage to a policyholder in the event they are legally liable for damages caused

Definition A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. In a licensing agreement, the licensor grants

Definition A liar loan refers to a type of mortgage that requires little to no documentation to prove the borrower’s income or assets. The applicant’s

Definition Liar’s Poker is a high-stakes Wall Street game that is based on betting and bluffing on specific dollar amounts featured on US Treasury bills.

Definition Liability Driven Investment (LDI) is a type of investment strategy predominantly used by pension funds that focuses on generating sufficient assets to meet all

Definition Libel is a term usually found in law, not finance, and refers to a written or published defamatory statement that causes harm to an

Definition A licensee in financial terms is an individual or entity granted permission by another party, known as the licensor, to use or distribute their

Definition The LIBOR Curve, also known as the London Interbank Offered Rate Curve, is a graphical representation of the interest rates that banks charge each