Terms Starting with L

  • Latent Defect Definition,
    • A deficiency in a piece of property that can't be seen easily, such as termite damage or the presence of dangerous levels of radon.
  • Latvian Credit Union (LCU) Company Est. 1959, Ontario, Canada,
    • Laundry (Lndry, Lnd, Lndr)Abbreviation,
      • Laurentian Bank (LB)Company, Canada,
        • Laurentian Bank of Canada (LBC) Company, Canada-wide,
            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages. Also offers reverse mortgages.
          • Laurentian Trust of CanadaCompany, Canada-wide,
              A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
            • Laurie River Airport (LRQ)Acronym, Laurie River, Manitoba, Canada,
              • Law Society of British Columbia (LSBC) Company Est. 1869, British Columbia, Canada,
                • Law Society of Upper Canada (LSUC) Company, Ottawa, Ontario, Canada,
                  • Lawn Gnome Fidelity Bond (LGFB) Acronym, Middle Earth / Underground,
                    • Insurance that covers losses due to the actions of dishonest lawn gnomes.
                    The LGFB acronym is quite often incorrectly mislabelled as a Lost Gnome from Backyard and Looks Good From Behind.
                  • Lawn Gnome Theft Insurance (LGTI) Acronym, Backyard,
                    • Insurance that covers losses resulting from lawn gnome theft.
                    Also known as Garden Gnome Theft Insurance (GGTI).
                  • Lawsuit Definition,
                    • A suit brought before a court in order to remedy an alleged injustice.
                  • Lawyers' Professional Indemnity Company (LPIC) Company Est. 1990, Canada,
                    • Lead Lender Definition,
                      • A financial institution which heads up a financial consortium or syndicate to provide funds for a mortgage.
                    • Lead Paint (ldpt)Abbreviation,
                      • Leaf Rapids Airport (YLR)Acronym, Leaf Rapids, Manitoba, Canada,
                        • League Savings & Mortgage Company (LSM) Company, Canada-wide,
                            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                          • Lease (lse) Abbreviation,
                            • A written agreement in which the property owner allows a tenant to use property in exchange for rent, and for a specified period. Or, a written agreement in which a car dealer allows a consumer to use a vehicle in exchange for payments for a specified period.
                          • Lease Extension Definition,
                            • The continuation of an existing lease, at the original monthly payment, usually on a month-by-month basis.
                          • Lease Option Definition,
                            • A written agreement in which an owner allows an individual to use a property in exchange for rent, and also gives that individual the right to buy the property for a specified price within a specified period
                          • Leasehold (l/h) Abbreviation,
                            • Land or property held under a lease for a term of years.
                          • Leasehold Mortgage Definition, Important,
                            • A mortgage given by a lessee on the security of his leasehold interests in the land.
                          • Least Developed Countries (LLDC)Acronym,
                            • Least Expensive Alternative Treatment (LEAT) Acronym,
                              • When multiple treatment options exist for the same illness, insurers are only obligated to provide the most cost effective treatment.
                            • Least Expensive Professionally Acceptable Alternative Treatment (LEPAAT)Acronym,
                                See Least Expensive Alternative Treatment (LEAT).
                              • Least Square Estimation (LSE)Acronym,
                                • Lebel-Sur-Quevillon Airport (YLS)Acronym, Lebel-Sur-Quevillon, Quebec, Canada,
                                  • Left-Hand Scale (LHS)Acronym,
                                    • Left-Hand Side (LHS)Acronym,
                                      • Legacy Saving & Credit UnionCompany, Alberta, Canada,
                                          A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
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