Saturday, May 19, 2012 Register ∴ Login 
FinancialExams.com
 Search Site
Home Home
Records Per Page:

Low ball
Slang for making an offer well below the fair value of an asset in hopes that the seller may be desperate to sell.
Low grade
A bond with a rating of B or lower.
Low price
The day's lowest price of a security that has changed hands between a buyer and a seller.
Low price-earnings ratio effect
The tendency of portfolios of stocks with a low price-earnings ratio to outperform portfolios of stocks with high price-earnings ratios.
Low-coupon bond refunding
Refunding of a low-coupon bond with a new, higher-coupon bond.
Low-load fund
A mutual fund that charges a sales commission of 3.5% or less for the purchase of shares.
LP
See Also: Limited partner
LR
The ISO 3166 country code for LIBERIA.
LRD
The ISO 4217 currency code for the Liberian Dollar.
LS
The ISO 3166 country code for LESOTHO.
LSL
The ISO 4217 currency code for the Lesotho Loti.
LT
The ISO 3166 country code for LITHUANIA.
LTL
The ISO 4217 currency code for the Lithuanian Litas.
LTV
See: Loan-to-value ratio
LU
The ISO 3166 country code for LUXEMBOURG.
LUF
The ISO 4217 currency code for the Luxembourg Franc.
Lump sum
A large one-time payment of money.
Lump-sum distribution
A single payment that represents an employee's interest in a qualified retirement plan. The payment must be prompted by retirement (or other separation from service), death, disability, or attainment of age 59-1/2, and must be made within a single tax year to avoid the federal government's 10% penalty tax.
LV
The ISO 3166 country code for LATVIA.
LVL
The ISO 4217 currency code for the Latvian Lats.
LY
The ISO 3166 country code for LIBYAN ARAB JAMAHIRIYA.
Lyapunov Exponents
A measure of the dynamics of an attractor. Each dimension has a Lyapunov exponent. A positive exponent measures sensitive dependence on initial conditions, or how much our forecasts can diverge based upon different estimates of starting conditions. Another way to view Lyapunov exponents is the loss of predictive ability as we look forward into time. Strange Attractors are characterized by at least one positive exponent. A negative exponent measures how points converge towards one another. Point Attractors are characterized by all negative variables. , Limit Cycle, Point Attractor, Strange AttractorSee Also: Attractor
LYD
The ISO 4217 currency code for the Libyan Dinar.
LYON
See: Liquid yield option note
Page 13 of 13First   Previous   4  5  6  7  8  9  10  11  12  [13]  Next   Last   

ExamSaver Exam Saver CFA,Chartered Financial Analyst CFA Exam CFA Exams Online Exam CFA level 1 CFA Institute 

  Copyright © 1998 - 2008 by FinancialExams™ USA, All Rights Reserved
  
  Privacy Statement  Terms Of Use  
CFA Institute does not endorse or warrant the accuracy or quality of the products or services offered by FinancialExams.com™. CFA Institute®, CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.