Financial Dictionary

This dictionary contains:
24549
financial terms

Less than container load



Less than container load

Shipments of less than container load size.

RELATED TERMS
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Load
The sales fee charged to an investor when shares are purchased in a load fund or annuity.

Size
Refers to the magnitude of an offering, an order, or a trade. Large as in the size of an offering, the size of an order, or the size of a trade. Size is relative from market to market and security to security.



SIMILAR TERMS
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Less developed countries (LDCs)
Also known as emerging markets. Countries who's per capita GDP is below a World Bank-determined level.

Lessee
A person to whom a lease is granted, known as a tenant.

Lessor
A person who grants a lease, known as a landlord.



PREVIOUS AND NEXT TERMS
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Lending at a premium
A loan from one broker to another of securities to cover a customer's short position, with a borrowing fee included.

Lending at a rate
Interest paid to a customer on the credit balance received from a short sale.

Lending securities
Securities borrowed from a broker's inventory, from another customer's margin account, or from another broker, when a customer is required to deliver on a short sale.

Leptokurtosis
The condition of a probability density curve to have fatter tails and a higher peak at the mean than the normal distribution.

Less developed countries (LDCs)
Also known as emerging markets. Countries who's per capita GDP is below a World Bank-determined level.

Less than container load

Lessee
A person to whom a lease is granted, known as a tenant.

Lessor
A person who grants a lease, known as a landlord.

Letter of Administration
A certificate issued by the Court evidencing the appointment of the Administrator of an Estate.

Letter of Comment
A communication to the firm from the SEC that suggests changes to its registration statement.

Letter of Credit (LOC)
A paper issued by a buyer's bank as proof that the seller will be paid.

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This dictionary contains 24549 terms.


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