Financial Dictionary

This dictionary contains:
24549
financial terms

Levy




Levy

To impose and collect a tax or other financial charge.

RELATED TERMS
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Charge
The document evidencing mortgage security required by Crown Law (law derived from English law).



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Leveraged portfolio
A portfolio that includes risky assets purchased with funds borrowed.

Leveraged recapitalization
A strategy where a company takes on significant additional debt with the purpose of either paying a large dividend or repurchasing shares.

Leveraged required return
The required return on an investment when the investment is financed partially by debt.

Leveraged stock
Stocks financed with credit, such as that purchased on a margin account.

Levered portfolio
Investment at least partially financed by borrowing.

Levy

Liabilities
Money that a company will have to pay to someone else - bills, taxes, debts, interest and mortgage payments, etc.

Liability funding strategies
Investment strategy that select assets so that cash flows will equal or exceed the client's obligations.

Liability insurance
Insurance against legal liability to pay compensation and court costs where the insured has been found negligent in respect of injuries sustained by another person or damage to his-her property.

Liability insurance or third party insurance
Protects the insured person (the first party) against his liability to pay compensation for injury, etc. to anyone else (the third party); the second party is the insurer.

Liability swap
An interest rate swap used to alter the cash flow characteristics of an institution's liabilities so as to provide a better match with its assets.

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This dictionary contains 24549 terms.







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