A long-term put or call option (as long as three years).
Archives
After-Hours Trading
stock trading when the major stock exchanges are closed.
LEAPS (Long-Term Equity Appreciation Participation Securities)
LEAPS are stock options that have expiration dates that extend beyond one year.
All or None
This is an instruction you can give your broker when placing a buy or a sell order. This instruction ensures that your order will be filled in its entirety or not at all. This prevents having a partial execution of your trade.
Leveraged Buy Out
Take over of a public corporation using borrowed funds.
All-or-None Order
An order that must be filled completely or the trade will not take place.
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.
American Depositary Receipt (ADR)
A certificate trading on a U.S. stock exchange that represents shares of a foreign corporation.
Limit Order
An order to buy or sell stock at a specified price. The order can be executed only at the specified price or better. A limit order sets the maximum price the client is willing to pay as a buyer, and the minimum price they are willing to accept as a seller.
American-Style Options
Options that can be exercised any time during their lifetime. These are also known as open options.