Definitions L

Basic digital-logic element used in building electronic circuits. The five basic types of gates are…

A company that provides management over the flow of goods and materials between points of…

Open (non-proprietary) standard for storing and retrieving names, addresses, phone numbers and other recorded information…

Detailed report (based on a potential borrower’s loan application and creditworthiness), presented usually by a…

The method of figuring out how to convert assets to cash, like the current ratio.

A ratio that is used in determining the amount of loans that a bank has…

Entity that has an enforceable claim or title to an asset or property, and is…

Owner of life estate.

The calculation of a company’s available cash and marketable securities against outstanding debt. The ratio…

A person or company who rents property to another person; a landlord is the lessor.

That is listed with an authorized real estate broker for lease or sale. Also called…

Exclusive right to enjoy the possession and use of a parcel of land or other…

A moving average that appoints a greater weighting on recent price information than the common…

Manufacturing technique that aims to create a smooth flow of production over a period. Its…

Mathematical technique used in computer modeling (simulation) to find the best possible solution in allocating…

Angles, bars, rods, and other metal products sold usually by length.

An individual who is not an expert in a particular field or is not a…

A manufacturer, distributor or processor that, through distinctive technological advantages or economies of scale, is…