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Term Description
LAAC
LAC
Large Cap (Big Cap)
last notice day
last trading day
LCAC
LEAPS
lease
leasehold
leasehold improvements
Legal List
Level II
leverage
leveraged lease
liabilities
limit
Limit Order
Limit Order Processing
Limit Order Processing
limited liability
limited liability company
liquid assets
liquidate
liquidation
liquidation dividend
liquidator
Liquidity
list of deliverable bonds
listed company
Listed Managed Investments (LMIs)
listed option
listed stock
Listing Rules
Load
local
Locked In
long
long call
long hedge
Long Option Position
long put
low exercise price options (LEPOs)
lower of cost or market
LAC
Legal Advisory Committee - These distinguished members of the legal profession primarily advise on matters relating to corporate governance. They also advise on other subjects involving broad legal issues or principles directly or indirectly affecting the NYSE, the securities industry or capital markets. The committee also advises the Exchange staff on policies relating to the NYSE Listed Company Manual, the American Law Institute"s Corporate Governance Project, financial services industry regulation, and the legal aspects of industry rules and regulations.
 
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