Glossary

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large-capitalization ("large-cap") stocks

last trade

last trade volume

leading indicator

liabilities

LIBOR
See London Interbank Offered Rate

life expectancy

life-strategy funds

limited partnership

limit order

liquidate

liquidity

liquid net worth

listed security

load

load fund

London Interbank Offered Rate (LIBOR)

long market value

long position

long-term capital gain

long-term debt

long-term equity

longevity risk

look-through provision

lump-sum distribution