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Laundering

The manipulation of money obtained in a wrongful manner, for example theft, so as to seem to have or...

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Law Of Large Numbers

The mean of a random sample approaches the mean (expected value) of the population as sample size in...

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Law Of One Price

An economic rule stating that a given security must have the same price no matter how the security i...

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Law Society, The

The professional body for solicitors in England and Wales.

Its aims and objectives are de...

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Lay Off

In the context of general equities, this eliminates all or part of a position by finding customers o...

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Lay Up

Used in the context of general equities, refers to an easily executed trade or order....

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Lead

Payment of a financial obligation earlier than is expected or required....

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