Glossary List starting with Alphabet

Laggard is a stock or a security that has been underperforming. Such stocks provide lower than average returns when compared to the market.

This is an economic factor that is measurable and which changes after the economy starts to follow a pattern or a trend. Such indicators also lag the asset price and a move in the market occurs even before the indicator provides the signal.

Laissez Faire is a belief that states that businesses and economies have a proper functioning if there is no government interference. This is also one of the capitalism guiding principles.

Large cap, also known as big cap is used as a reference to a company that has a market capitalization value higher than $10 billion. This is the short version of "large market capitalization ".

LBP is the currency symbol used for Lebanese Pound, which is the currency used in Lebanon. The LBP is made of 100 qirsh and is presented with the ( _ _) symbol.

Lead Manager is an investment or a commercial bank which holds a primary responsibility to organize a given bond or a credit issuance. The banks will asses various market conditions, negotiate the terms with issuer and also find other lending firms to create a syndicate.

Lead Reinsurer, also known as lead underwriter is the one responsible to negotiate the rates and the terms of reinsurance treaty. Lead reinsurer is the first party that would sign the reinsurance contract.

Lead Time is the time which elapses between the start of a process and its completion. This is very closely examined in project management, manufacturing and supply chain management as the firm wants to reduce the time taken for the product delivery to market.

Lead Underwriter is an investment bank that gets a primary directive to organize the IPO or a secondary offering for firms which have already traded publicly.

When an expected change in exchange rates leads to the change in the normal payment of foreign exchange transactions, it is known as leads and lags. When an expected increase in the rates can speed up the payment, a decrease can slow the payments down.