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L
LIFO—Last In, First Out
Lapse
Large-Cap Stock
Last
Leap
Level Load
Level Term Insurance
Liability Insurance
Lien
Lifetime Payout
Limit Order
Liquidity
Living Trust
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Loan-To-Value (LTV) Ratio
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Long-Term Capital Gains
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Leap
†
A LEAP is a long-term option contract for a company's stock. They usually run for one year or more and are available on several U.S. exchanges.
† ©CBS MarketWatch
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