Accounting Terms: L

< Back to main glossary page

Accounting Terms: L

Labor Efficiency Variance

Labor Rate Variance

Labor Rate, How to Calculate

Labor Routing

Labor Standard

Labor Variance

Lagging Indicators of Economic Activity

Land

Lapping Fraud

Lapsing Schedule

Last In, First Out (LIFO) Inventory Method

Lateral Merger

Lawsuit Payable

Lawyer Leverage

Layaway Sales

Layoff

Lead Schedule

Lead Time

Leading Indicators of Economic Activity

Lean Accounting

Lean Business Model

Learning Curve

Lease

Lease Accounting

Lease Incentive

Leaseback

Leasehold

Leasehold Improvements

Leasing

Ledger

Ledger Account

Ledger Balance vs. Available Balance

Ledger Cash

Ledger Entry

Legacy Cost

Legal Capital

Legal Liability

Lender

Lessee

Lessor

Letter of Credit

Level 1 Inputs

Level 2 Inputs

Level 3 Inputs

Leverage

Leverage Ratios

Leveraged Buyback

Leveraged Buyout

Leveraged Lease

Liabilities, What Are

Liability

Liability Account

Lien

Life Cycle Budget

Life Cycle Costing

Life Insurance, Accounting For

Lifetime Cost

LIFO Conformity Rule

LIFO Layer

LIFO Liquidation

LIFO Reserve

Lifting Fee

Limit Pricing

Limitations of Financial Statements

Limitations of Internal Controls

Limitations of Ratio Analysis

Limited Audit

Limited Liability Company (LLC)

Line and Staff

Line Authority

Line Item Budget

Line of Credit

Line of Credit Fee Accounting

Liquid Asset

Liquid Investment

Liquidating Dividend

Liquidation

Liquidation Basis of Accounting

Liquidation Value

Liquidity

Liquidity Index

Liquidity Metrics

Liquidity Ratio Analysis

Liquidity Ratios

List Price

Listing on a Stock Exchange

Livestock

LLC Accounting

Loan

Loan Capital

Loan Impairment Accounting

Loan Payable

Loan Shark

Loan Stock

Loan Workout

Loans Receivable

Local Currency

Locating Acquisition Targets

Lock-up Agreement

Lockbox System

Long-Lived Asset

Long-Range Budget

Long-Tail Liability

Long-Term Assets

Long-Term Cash Flow Forecasts

Long-Term Debt

Long-Term Debt to Equity Ratio

Long-Term Liabilities

Loss

Loss Aversion Effect

Loss Carryback

Loss Carryforward

Loss Contingency

Loss Leader Pricing

Lower of Cost or Market

Lower of Cost or Net Realizable Value

Lump-Sum Purchase