Tooltip Categories: Economics & Finance

leadership (market)

Preferred position in the market for a company, a product, or an economic sector, within their sphere of influence.

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lease

A written agreement under which one party, the owner, conveys land, property, services, etc. to another (the tenant) for a specified time and rent.

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lease contract

Formal document that identifies the lessor, lessee, and the leased asset or property; states lease term and fee (rent), and detailed terms and conditions of

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lease purchase

Basically, a lease purchase agreement is a lease contract combined with an option agreement which gives the tenant the right to later purchase the property.

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least developed country

A country which, according to the United Nations, exhibits the lowest indicators of socioeconomic development, with the lowest Human Development Index ratings of all countries

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land registry

Executive agency engaged in the legal registration of land or real estate ownership, to provide evidence of title, facilitate transactions, collect taxes, and to prevent

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landowner

A landowner is a person that owns some lands which sometimes people can work on to get paid. (source: http://wiki.answers.com/Q/What_is_a_landowner)

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larceny

Stealing, especially the crime of taking something that does not belong to you, without entering a building illegally in order to do so.

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law of supply and demand

A theory explaining the interaction between the supply of a resource and the demand for that resource. The law of supply and demand defines the

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lawsuit

A civil action brought in a court of law in which a plaintiff, a party who claims to have incurred loss as a result of

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