Glossary

150 resources
LAN
LAWDCS
LBO
LCIA
LEADER
LIBID
LIBOR
LIFFE
LIMEAN
LLP
LMA
LMAA
LR (see Listing Rules)
LSE
LTA 1954 protected tenancy
Laches
Land Registry
Land certificate
Landfill tax
Lapse (of legacies)
Last in first out (LIFO)
Lasting power of attorney (LPA)
Latent defect
Lattice Model
Law Commission
Law of Property Act receiver (LPA receiver)
Layers
Laying of an information
Lazy shareholder
Lead bank
Lead manager
Lease of the reversion
Leased line links
Leasehold
Leasehold estate
Leave of the court
Legacy
Legacy system
Legal aid
Legal assignment
Legal charge
Legal estate
Legal mortgage
Legal opinion
Legal planning meeting
Legal professional privilege
Legislative Competence Order (LCO)
Lending Standards Board (LSB)
Letter before proceedings
Letter of credit
Letter of intent
Letter of wishes
Letters of administration
Letters of administration with will annexed
Letters of potential interest
Letting scheme
Leverage
Leveraged buyout (LBO)
Leveraged finance
Levy Control Framework (LCF)
Lex Fori
Liability insurance
Liability-driven investment (LDI)
Licence
Lien
Life interest
Life interest trust
Life tenant
Lifetime allowance
Lifetime allowance charge
Lifetime annuity
Lightweight floating charge
Limitation period
Limited liability partnership (LLP)
Limited partnership
Limited price index (LPI) bonds
Limited price indexation (LPI)
Limited recourse financing
Limited recourse loan
Limited title guarantee
Line
Linking
Liquidated damages
Liquidation
Liquidation committee
Liquidator
Liquidity
Lis pendens
Lisbon Strategy
Lisbon Treaty
List of documents
Listed building
Listed building consent
Listed company
Listing Principles
Listing Rules
Listing particulars
Listing questionnaire
Litigation friend
Litigation loan
Livestock
Lloyd's
Loan Market Association (LMA)
Loan Syndications and Trading Association (LSTA)
Loan note
Loan notes
Loan relationship
Loan stock
Local Area Agreement (LAA)
Local Education Authority (LEA)
Local Enterprise Partnerships (LEPs)
Local Government Pension Scheme (LGPS)
Local area network (LAN)
Local authority (LA)
Local development document (LDD)
Local development framework (LDF)
Local development order (LDO)
Local development scheme (LDS)
Local housing company (LHC)
Local loop
Local plan
Lock-in agreement
Lock-out
Lock-out agreement
Lock-ups
Locked box
Lockstep
London Approach
London Court of International Arbitration (LCIA)
London Gazette
London Interbank Market
London International Financial Futures Exchange (LIFFE)
London Maritime Arbitrators Association (LMAA)
London Metal Exchange (LME)
London Rules
London Stock Exchange (LSE)
London insolvency district
London view management framework
Long term incentive plan (LTIP)
Long-form confirmation
Longtail
Looked after child
Loss
Loss payee
Low Pay Commission
Low earnings threshold
Lower earnings limit
Lower quartile
Lump sum
landMARK
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