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This glossary is a FREE SERVICE to assist the student and enthusiast alike to get a better understanding of financial terms, analyst industry jargon and monetary concepts. It is a free service to all internet users.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
  
Exact search         lion Contains the word      millions
Starts with word     lioness Ends with word          million
 
landlord one that owns and rents out land or buildings

leverage a (Gearing) Leverage is the proportion of total capital which is financed by debt or equity. [L = Total capital/Equity]

leverage b (Borrowings to capital, gearing, debt to capital) Debt to capital measures the extent to which the net assets of a business are funded by interest-bearing debt. [Debt% total capital = 100] [Closing net loans/Closing total capital]

leverage c (Debt/Equity, gearing) Debt to equity measures the proportion of debt and equity in the capital of the business. [Leverage% = Debt] [100/Equity]

liability legal responsibility for financial obligation, such as damages

limits of acceptance/liability the maximum amount accepted by an insurer in respect of a specific risk

litigation legal proceeding in a court to determine and enforce legal rights

loading those elements added to a premium to allow for additional risk exposure

loans (Borrowings) Loans are that part of the capital of the business provided by lenders. Loans are capital regardless of whether they are long or short term.

loss an undesired event or the amount of a claim made by an insurance policyholder

loss adjustor an independent, qualified person who assess the size, or value of a loss, on behalf of the insurer, but who may also be employed by an insured to look after his interest in a loss settlement