Loan default
Failure to pay back a debt as needed.
Liability
A legal duty or debt that a person or business is responsible for.
Liquidity
The capability of swiftly converting assets into cash.
Luxury goods
High-end or premium products or services.
Loan
A sum of money that must be returned with interest after being borrowed.
Long-term investment
An investment that was kept for a lengthy time—typically more than a year.
Loss
A decline in the value of an asset or a financial loss.
Leveraged buyout
The acquisition of a business using a significant quantity of borrowed funds.
Line of credit
A pre-approved credit line that may be utilized to borrow money as required.
Leverage
To boost the possible return on an investment, borrowed money or financial instruments are employed.
Liquidation
The selling of assets to settle debts or shut down a firm.
Long position
A financial situation when an investor believes the value of an asset will increase.
Low-cost leader
A business tactic that entails providing products or services at a cheaper cost than rivals.
Leading indicator
An economic activity forecasting financial indicator.
Lifestyle branding
A marketing tactic when a company or product is positioned as a component of a certain lifestyle.