Super Finance Glossary
Over 10,000 financial glossary terms...
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Browsing by the letter "L"
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Low
Definition: In the context of general equities, this is a specific minimum limit required by a seller in execution an order ("I'll sell 50 with an eighth low."); implies a not-held limit order. Antithesis of top.
Definition: In the context of general equities, this is a specific minimum limit required by a seller in execution an order ("I'll sell 50 with an eighth low."); implies a not-held limit order. Antithesis of top.
Low Balance Method
Definition: A method of calculating interest on the basis of the lowest balance of an account over the applicable period.
Definition: A method of calculating interest on the basis of the lowest balance of an account over the applicable period.
Low Ball
Definition: Slang for making an offer well below the fair value of an asset in hopes that the seller may be desperate to sell.
Definition: Slang for making an offer well below the fair value of an asset in hopes that the seller may be desperate to sell.
Low Price
Definition: The day's lowest price of a security that has changed hands between a buyer and a seller.
Definition: The day's lowest price of a security that has changed hands between a buyer and a seller.
Low Price-earnings Ratio Effect
Definition: The tendency of portfolios of stocks with a low price-earnings ratio to outperform portfolios of stocks with high price-earnings ratios.
Definition: 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
Definition: Refunding of a low-coupon bond with a new, higher-coupon bond.
Definition: Refunding of a low-coupon bond with a new, higher-coupon bond.
Low-income Housing
Definition: Housing intended to be occupied by low- or moderate-income persons that is eligible for special tax credits under the 1986 tax act.
Definition: Housing intended to be occupied by low- or moderate-income persons that is eligible for special tax credits under the 1986 tax act.
Low-load Fund
Definition: A mutual fund that charges a sales commission of 3.5% or less for the purchase of shares.
Definition: A mutual fund that charges a sales commission of 3.5% or less for the purchase of shares.
LTV (loan-to-value)
Definition: The relationship between the amount of money borrowed and the apparised value of the property.
Definition: The relationship between the amount of money borrowed and the apparised value of the property.
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