Glossary - L
From Entrepedia: The Entrepreneurship Wiki
- Laggard
- An stock which 'lags' or performs below expectations. (Ezine article on Stock Market Leaders and Laggards)
- Leveraging
- See Debt to Equity Ratio.
- Leveraged Buy Out (LBO)
- The acquisition of a controlling interest in a business, financed largely by debt and offering assets of the purchased company as security. (Wikipedia article on Leveraged Buyout)
- Liability
- A binding obligation to settle a debt. (Wikipedia article on Liability)
- Limited Liability Company (LLC)
- An economic entity whose owners have limited responsibility for its debts and actions. (Wikipedia article on Limited Liability Company)
- Limited Liability Partnership (LLP)
- An economic entity whose partners share limited liability for its debts and actions. (Wikipedia article on Limited Liability Partnership)
- Limited Company (Ltd)
- A company whose members agree to pay a fixed sum upon the company's liquidation. (See also Public Limited Company). (Wikipedia article on Limited Company)
- Long-term Asset
- See Fixed Asset.
- Long-term Liabilities
- A debt obligation which lasts longer than a year. (Wikipedia article on Long-term Liabilities)
- Loyalty Marketing
- A marketing approach designed to grow and retain a existing customer base. (Wikipedia article on Loyalty Marketing)
- Loyalty Program
- A marketing device designed to grow sales through the retention of customers. (Wikipedia article on Loyalty Program)
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The glossary is here to give you concise definitions of the terms used on the site. Where possible a link to a longer article on Wikipedia is included to give you more information.
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