LIQUIDITY TRAP
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Liquidity trap is market’s condition when interest rates are too low and savings rates are too high. They can appear as a result of ineffective monetary policy.
LIMIT DOWN
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Limit down price is the lowest point of the price to which the price for commodity may sink in a day. In stock trading it is the lowest price at which trading curbs kick in.
LION ECONOMIES
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Lion economies is a name attached to the growing African economic. These countries have a collective GDP of more than $2.2 trillion which is more than the GDP of Brazil. Main sources for the growing GDPs are retail, transportation, natural resources, telecommunications, agriculture and finances.
LIBOR
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LIBOR is a benchmark rate at which the bank may give loans to international interbank markets. LIBOR is an average value of the interest-rate which is calculated from estimates submitted by the top global banks daily.
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