Financial Dictionary

This dictionary contains:
24549
financial terms

Ledger




Ledger

A book in which the accounts of a business are kept.

RELATED TERMS
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Book
A record maintained by a trading specialist of buy and sell orders for a given security.



SIMILAR TERMS
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LEDGE LIGHT Credit Union
LEDGE LIGHT is a credit union with head office in GROTON, CT

Ledger cash
A firm's cash balance as reported in its financial statements. Also called book cash.



PREVIOUS AND NEXT TERMS
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Lease term
The life of a lease, including any renewal options.

Leaseback
A transaction that involves the sales of some property, and an agreement by the seller to lease the property back from the buyer after the sale.

Leasehold
An asset providing the right to use property under a lease agreement.

Leasehold improvement
Improvements on a leased asset that increase the value of the asset.

Leaves
Used in the context of general equities. Remains to buy or sell of a previously entered order after a report of partial execution has been given.

Ledger

Ledger cash
A firm's cash balance as reported in its financial statements. Also called book cash.

Leg
A term describing one side of a position with two or more sides. When a trader legs into a spread, they establish one side first, hoping for a favorable price movement so the other side can be executed at a better price.

Legal bankruptcy
A legal proceeding for liquidating or reorganization a business.

Legal capital
Value at which a company's shares are recorded in its books.

Legal defeasance
The deposit of cash and permitted securities, as specified in the bond indenture, into an irrevocable trust sufficient to enable the issuer to fully discharge its obligations under the bond indenture.

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This dictionary contains 24549 terms.







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