Tooltip Categories: Economics & Finance

leverage

Use borrowed capital for (an investment), expecting the profits made to be greater than the interest payable. Use (something) to maximum advantage. (source: http://oxforddictionaries.com/es/definicion/ingles/leverage)

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liability

Moneys owed; debts or pecuniary obligations (opposed to assets ). (source: http://dictionary.reference.com/browse/liability)

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leave of absence

A leave of absence is time allowed away from work, generally requested by an employee, to cover unusual circumstances occurring in the employee’s life. https://www.thebalancecareers.com/leave-of-absence-what-a-leave-is-and-how-to-apply-1918176

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ledger

The principal book in which the commercial transactions of a company are recorded. (source: http://www.thefreedictionary.com/ledger)

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legacy

Money or property bequeathed to another by will. (source: http://www.thefreedictionary.com/legacy)

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legal banking reserve

the currency deposits which are not lent out to the bank’s clients. A small fraction of the total deposits is held internally by the bank

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legal interest rate

Rate of interest charged by the public administration to individuals and businesses in all its relationships.

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legal person

A company that has full legal rights and responsibilities according to the law. (source: http://dictionary.cambridge.org/dictionary/business-english/legal-person)

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leadership

The capacity to establish direction and to influence and align others toward a common goal, motivating and committing them to action and making them responsible

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