Lock limit is a specific price movement set by trading exchanges that if breached can result in a trading halt of the instrument beyond the lock limit price.

Low-ball offer is a slang term nominating an offer which is much below the seller’s asking price.

The long run is a period of time in which all factors of the matter at hand are variable.

Limit move is a maximum amount of movements that the price for a commodity future is allowed to make in one day.

Limit up is the maximum amount by which the price for commodity futures can grow in the span of one trading day.

To liquidate means to convert into cash in the conditions of an open market.

Loan servicing is a period of time and combination of actions which can be observed after the loan is given out right up until the moment it is fully paid off. The process includes sending and collecting monthly payments, maintaining records of said payments, balancing the account, collecting and paying taxes and insurance and so on.

Linkage is the ability to but a security on one financial exchange and then selling it in another exchange. There are several assets that allow such operations. This allows traders to have the possibility to buy cheaper and sell more expensive.

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 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 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 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. 

Liquid asset is an asset that can be turned in cash extremely fast. Usually liquid assets take no hits in price as everything happens to quickly for the price to change significantly. The most liquid market if currencies’ market.

Liquidity is a term that describes the speed with which the asset can be sold or bought with the current price in a market without its price being affected by the selling-buying process. It also refers to the speed with which the market itself allows the assets to be bought and sold without the change in price.

Leverage is the use of various financial instruments or borrowed capital, such as margin, to increase the potential return of an investment.