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ERSONAL
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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
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Living Trust
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Loan-To-Value (LTV) Ratio
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Long-Term Capital Gains
Long-Term Care Insurance
Low Price
Long-Term Care Insurance
An insurance policy that provides long-term benefits, including a broad range of health services for the chronically ill or disabled. Services may be provided on an inpatient, outpatient, or at-home basis.
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Long-Term Care Insurance 
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