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L

LLC

by Law Professor

Limited Liability Company … [Read more...] about LLC

LOAN PAYMENT

by Law Professor

A periodic payment made pursuant to a loan agreement. … [Read more...] about LOAN PAYMENT

LLM

by Law Professor

Latin for Legum Magister. A masters degree in law. … [Read more...] about LLM

LOAN SHARK

by Law Professor

One who lends money at an extremely high interest rate. A person loaning money illegally. … [Read more...] about LOAN SHARK

LLOYD’S

by Law Professor

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...] about LLOYD’S

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