A periodic payment made pursuant to a loan agreement. … [Read more...]
LLM
Latin for Legum Magister. A masters degree in law. … [Read more...]
LOAN SHARK
One who lends money at an extremely high interest rate. A person loaning money illegally. … [Read more...]
LLOYD’S
An association in the city of London, for the transaction of marine insurance, the members of which underwrite each other's policies. See Durbrow v. Eppens, 65 N. J. Law, 10, 46 Atl. 585. Lloyd's bonds. The name «f a class of evidences of debt, used in England; being acknowledgments, by a borrowing company made under its seal, of a debt incurred and actually due by the company … [Read more...]
LOBBY
An attempt to influence politicians to vote in an certain way on a certain issue. A lobby can be a group focusing on raising a politicians awareness on an issue in order to influence them in a direction of interest. … [Read more...]