All Terms Starting with L in Glossary

is the labor force as a percent of the population.

Economy Term Letter: L

Large Deductible Policy

An insurance policy where the customer assumes at least $25,000 or more of each loss. Typically, the insurer is responsible for paying the entire loss under those policies and then seeks reimbursement from the insured for the deductible amount.

Insurance Term Letter: L

Laws

means all federal, state, provincial, regional, territorial, local and other laws, statutes, ordinances, regulations, rules, executive orders, and other official releases of or by any government, or any authority, department or agency thereof, in any jurisdiction in which the Services are provided or received, including the United States Securities and Exchange Commission and the Public Company Ac

Economy Term Letter: L

LDL

Low-density lipoprotein.

Health Care Term Letter: L

Leach Stockpiles

A quantity of leachable ore placed on a leach pad or in another suitable location that permits leaching and collection of solutions that contain solubilized metal. Iron & Steel Industry Operating Statistics

Manufacturing Term Letter: L

Leaching

A chemical process by which a soluble metallic compound is extracted from ore by dissolving the metals in a solvent. Iron & Steel Industry Operating Statistics

Manufacturing Term Letter: L

Lead

A heavy, soft, malleable, ductile but inelastic bluish-white metallic element found mostly in combination with zinc and used in pipes, cable sheaths, batteries, solder, type metal, and shields against radioactivity.

Manufacturing Term Letter: L

Lead Concentrate

Product of the flotation process which separates the lead and other minerals from the ore to form a concentrate with a lead content typically ranging between 50% to 60%.

Manufacturing Term Letter: L

Leased Department Retail

Leased departments are broadly defined as operations of one company conducted within the establishment of another company. Typical examples may include jewelry counters or optical centers within department stores.

Economy Term Letter: L

LED Light Emitting Diode

Light Emitting Diode. A semiconductor device which converts electricity into light.

Manufacturing Term Letter: L

Leucopenia

A low white blood cell count, or leucopenia, is a decrease in disease-fighting cells (leukocytes) circulating in your blood.

Health Care Term Letter: L

Leverage Adjusted Duration

Duration is a measure of the expected period over which a bonds principal and interest will be paid, and consequently is a measure of the sensitivity of a bonds or bond Funds value to changes when market interest rates change. Generally, the longer a bonds or Funds duration, the more the price of the bond or Fund will change as interest rates change. Leverage-adjusted duration takes into account t

Financial Term Letter: L

Leverage Ratio

A financial strength ratio that measures proportion of companys Total Liabilities to Stockholders Equity. Leverage Ratio displays companys indebtedness and the leverage of Stockholders Equity. The number indicates how much company owes of Total Liabilities for one dollar of stockholders equity. The lower the number, the stronger the balance sheet of the company. Leverage Ratio Formula = (Total Lia

Fundamental Analysis Letter: L

LIBOR

London Interbank Offered Rate. LIBOR is the interest rate at which banks borrow funds from other banks in the London wholesale money market (or interbank market).

Financial Term Letter: L

Life Underwriting Income

Net premiums earned and net investment income in Life Insurance Segment, less policy benefits, acquisition costs, and administrative expenses.

Financial Term Letter: L

Life-of-Mine

The remaining life of a mine in years calculated by deducting the scheduled production rates (that is, the rate at which material will be removed from the mine) from the current defined reserves.

Manufacturing Term Letter: L

LIFO

LIFO (last in, first out) is a method of valuing inventory where the latest items of merchandise added to the inventory are the first ones taken out.

Economy Term Letter: L

Light Crude oil

A relatively expensive crude oil characterized by low relative density and viscosity. Light crude oils require lower levels of processing to produce high value products such as gasoline and diesel fuel.

Energy Term Letter: L

Light Sweet Crude Oil

A crude oil that is relatively low in sulfur content, requiring less processing to remove the sulfur. Sweet crude oil is typically more expensive than sour crude oil.

Energy Term Letter: L

Lloyds

An insurance marketplace based in London, England, where brokers, representing clients with insurable risks, deal with Lloyds underwriters, who represent investors. The investors are grouped together into syndicates that provide capital to insure the risks.

Insurance Term Letter: L

London Good Delivery Standards

The specifications for weight, dimensions, fineness (or purity), identifying marks and appearance of gold bars. Metal Mining Industry Operating Statistics

Manufacturing Term Letter: L

Long-Term Total Return

refers to the change in value of an investment over time resulting from both growth of capital and income.

Financial Term Letter: L

Longterm debt to Equity Ratio

A financial strength ratio that measures proportion of companys Long-term debt to Stockholders Equity. LT Debt to Equity Ratio displays companys indebtedness and the leverage of Stockholders Equity. The number indicates how much company owes of long-term debt for one dollar of stockholders equity. The lower the number, the stronger the balance sheet of the company. LT Debt to Equity Ratio = (Longt

Fundamental Analysis Letter: L

Loss And LAE Ratio

An insurance marketplace based in London, England, where brokers, representing clients with insurable risks, deal with Lloyds underwriters, who represent investors. The investors are grouped together into syndicates that provide capital to insure the risks.

Insurance Term Letter: L

Loss Reserve Development

The increase or decrease in incurred claims and claim adjustment expenses as a result of the re-estimation of claims and claim adjustment expense reserves at successive valuation dates for a given group of claims. Loss reserve development may be related to prior year or current year development.

Insurance Term Letter: L

Loss Reserves

Liabilities established by insurers and reinsurers to reflect the estimated cost of claims incurred that the insurer or reinsurer will ultimately be required to pay in respect of insurance or reinsurance it has written. Reserves are established for losses and for LAE, and consist of case reserves and IBNR reserves. As the term is used in this document, "loss reserves" is meant to include reserves

Insurance Term Letter: L

Losses

means all losses, liabilities, damages, fines, penalties, interest and claims (including taxes), and all related costs and expenses (including reasonable legal fees and disbursements and costs of investigation, litigation, experts, and settlement).

Financial Term Letter: L

Losses Incurred

The total losses sustained by an insurance company under a policy or policies, whether paid or unpaid. Incurred losses include a provision for IBNR.

Insurance Term Letter: L

Lysate

the cellular debris and fluid produced by the disintegration of a cell resulting from the destruction of its membrane by a chemical substance, especially an antibody or enzyme.

Health Care Term Letter: L

Lysates

are a variety of cell and tissue used as positive controls for our antibodies.

Health Care Term Letter: L

Glossary

More Glossary Terms Beginning with L