Tooltip Categories: Economics & Finance

lifestyle

A set of attitudes, habits, or possessions associated with a particular person or group.(source: http://www.wordreference.com/definition/LIFESTYLE)

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lifetime annuities

Series of payments at fixed intervals, guaranteed for the lifetime of one or more individuals. (source: http://www.businessdictionary.com/definition/annuity.html#ixzz2SnshxPrf)

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limited liability company [LLC]

A flexible form of enterprise that blends elements of partnership and corporate structures; a legal form of company that provides limited liability to its owners.

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limited partnership

A type of unincorporated business organization in which the individuals called limited partners may invest but not be directly involved in management and are liable

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line of credit [LOC]

An arrangement between a financial institution, usually a bank, and a customer that establishes a maximum loan balance that the bank will permit the borrower

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lifelong

Lasting for or as if for a lifetime. (source: http://www.wordreference.com/definition/lifelong)

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liberal profession

An occupation pursued in relation to an ideal of public service and requiring substantial mastery of complex skills in the liberal arts or sciences which

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liberalization

Liberalization, or liberalisation, refers to a relaxation of previous government restrictions, usually in areas of social or economic policy. In some contexts this process or

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license

A permit from an authority to own or use something, do a particular thing, or carry on a trade. (source: http://oxforddictionaries.com/definition/english/licence)

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