Terms Starting with L
- Level Payment — Definition,
- A method of repayment where periodical payments of principal and interest are made in a certain way so the payment amount remains constant.
- Level Term Income for Disability (LTID) — Acronym,
- Level-Premium Insurance — Definition,
- Insurance where the premiums the policyholder pays are guaranteed to remain the same for an agreed upon period of time.
- Leverage — Definition,
- The use of a small amount of cash and a large loan to buy something.
- Leverage Transaction Merchant (LTM) — Acronym,
- Leveraged Buy-Out (LBO) — Acronym,
- Leveraged Derivatives Transaction (LDT) — Acronym,
- Leveraged Management Buy-Out (LMBO) — Acronym,
- Leveraged Property — Definition,
- A property financed with mortgage debt.
- Levy — Definition,
- A cost imposed on an individual or entity.
- Liabilities — Definition,
- A borrower's debts and legal obligations.
- Liability — Definition,
- A situation where one party is found to be legally responsible for something.
- Liability Adequacy Test (LAT) — Acronym,
- Liability Adjustment Factor (LAF) — Acronym,
- Liability Insurance — Definition,
- Insurance that provides coverage for damages caused by an individual or entity's negligence or legal responsibilities.
- Liability Insurance Supplement (LIS) — Acronym,
- Libro Credit Union — Company, Ontario, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Licensed Real Estate Agent (LREA) — Acronym,
- Lien — Definition,
- A legal hold or claim of a creditor on the property of another.
- Lien Holdback — Definition,
- The practice of mortgagees withholding up to 15% of mortgage monies advanced on new construction.
- Lien Waiver — Definition,
- A document in legal form signed by persons or firms which have lien rights, waiving those rights.
- Life & Health (L&H) — Acronym,
- Life Annuity — Definition,
- An annuity that will continue to make payments until the death of the annuitant.
- Life Cycle Hypothesis (LCH) — Acronym,
- Life Expectancy Method — Definition,
- A method of calculating the appropriate size of payments in an annuity's income phase by estimating the annuitant's life expectancy.
- Life Income Fund (LIF) — Acronym, Canada, Very Important,
- Life Insurance — Definition, Very Important,
- An arrangement where an insurer agrees to pay a benefit to one or more beneficiaries in the event of the policyholder's death.
➥ CanEquity offers life insurance. - Life Insurance Institute of Canada (LIIC) — Company, Canada, ➥ See Insurance Institute of Canada (IIC).
- Life Insurance Policy (LIP) — Acronym,
- Life Insurance Trust (LIT) — Acronym,
- A legal entity that is made the beneficiary of a life insurance policy, often arranged to evade taxation.
5.
Level Payment -
Liabilities
Liabilities
