Liquidity Adjustment Facility

• A Liquidity Adjustment Facility (LAF) is a central bank tool—commonly used by the Reserve Bank of India (RBI)—that helps commercial banks manage short-term…

Liquidator

A liquidator is an individual or firm appointed to wind up a company’s affairs when it is being closed, usually because of insolvency or…

Liquidation

Liquidation is the process of winding up a business by converting its assets into cash and using the proceeds to pay claimants (creditors, employees,…

Liquidation Value

Liquidation value is the estimated net amount that would be realized from selling a company’s tangible assets if the company ceases operations and its…

Liquidation Preference

A liquidation preference is a contractual right that determines the order and amount that investors (usually holders of preferred stock) receive when a company…

Liquidation Margin

Key takeaways – The liquidation margin (often called liquidation value or account equity) is the cash value you would have if all positions in…

Liquidating Dividend

Introduction A liquidating dividend (also called a liquidating distribution) is a payment a corporation makes to shareholders when it partially or fully winds down…

Liquidated Damages

Liquidated damages (LDs) are a pre‑agreed sum payable by one contracting party to the other if the first party breaches the contract in a…

Liquefied Natural Gas Lng

Liquefied natural gas (LNG) is conventional natural gas (primarily methane) that has been cooled to roughly −260°F (about −162°C) and condensed into a clear,…

Lipper Indexes

Key takeaways – Lipper Indexes track the performance of managed-fund strategies by averaging returns of the largest publicly traded funds within each strategy group.…