Glossary: Terms starting with L

Labor Grade

Labor Market

Laissez Faire Tax Policy

Last In, First Out (LIFO)

Lead Lag Structure Policy

Lead Structure Policy

Learning Management System (LMS)

Learning Service Provider (LSP)

Leased Employees

Least Squares Line

Level Annual Premium Funding Method

Level Cutters

Level Of Work

Leverage In Financing

Leveraged Employee Stock Ownership Plan (LESOP)

Leveraged Stock Option

Liabilities

Liability Insurance

Licensed Broker

Lien

Life Annuity

Life Annuity With Period Certain

Life Cycle Pension Plan

Life Income Option

Life Income Option With Period Certain

Life Income Option With Refund

Life Income With Period Certain Annuity

Life Insurance

Life Insured

Life Underwriter

Life-Only Annuity

Lifetime Maximum

Limited Coverage Policy

Limited-Payment Whole Life Insurance

Linear Regression

Linear Relationship

Linear Scales

Link

Liquidity

Living Benefit Rider

Living Wage

Local National

Localization

Location Selling Distribution System

Lock Box Banking

Logarithm

Logarithmic Model

Logarithmic Scales

Long Form Reinstatement Application

Long-Term Bonus

Long-Term Care

Long-Term Compensation

Long-Term Debt

Long-Term Disability Income Insurance

Long-Term Disability Plan / Long-Term Disability Insurance

Long-Term Incentive Plan

Long-Term Income Protection

Loss Of Limbs

Loss Ratio

Lost Wages

Lump Sum Bonus

Lump Sum Distributions

Lump Sum Incentive Award

Lump Sum Increase

Lump Sum Merit

Lump Sum Merit Payment

Lump Summing

Luxury Automobiles