a measure of the number of shares, or dollar value of shares traded daily. Mutual funds and other institutional buyers prefer high liquidity stocks so they can easily move in and out of positions.
Archives
Leveraged Buy Out
Take over of a public corporation using borrowed funds.
Liabilities
The debts and obligations of a company or an individual. Current liabilities are debts due and payable within one year. Long-term liabilities are those payable after one year. Liabilities are found on a company’s balance sheet or an individual’s net worth statement.
Last Sale Price
For a Market On Close (MOC)-eligible security, the last sale price equals the calculated closing price. If the MOC closing price acceptance parameters are exceeded, it equals the last board lot sale price of the security on the exchange in the regular trading session.For any other listed security, the last sale price equals the last board lot sale price of the security on the exchange, in the regular trading session.
LEAP
A long-term put or call option (as long as three years).
LEAPS (Long-Term Equity Appreciation Participation Securities)
LEAPS are stock options that have expiration dates that extend beyond one year.
Junior Corporation
A young company in the early stages of operations and growth.
Junk Bonds
Corporate bonds with poor credit ratings.
Large-Cap
Company with market capitalization greater than $8 billion.
Issuer Status
The trading status of a listed or formerly listed issuer. Issuer status types include: delisted, listed, suspended, and trading.