A B C D E F G H I J K L M N O P Q R S T U V W Y Z

Letter of Introduction (LOI)

A statement, often by a third party, in letter form, that briefly profiles a company with an eye toward doing business together. When written by a third party it will take on the form of a recommendation.

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Leverage

In foreign exchange (options), this term expresses the disproportionately large change in the premium in terms of the relative price movement of the underlying instrument.

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Lex mercatoria

Internationally accepted general trade practices. The principles of lex mercatoria primarily juxtaposed freedom of contract and alienability of property, along with an aversion to legal technicalities and choices of going beyond the realm of law. The branch of law largely…

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