Letter L - Business Terms and Business Jargon explained

Click on a word to get an explanation of term. Short, concise business jargon explained clearly and to the point. Examples used where appropriate. We appreciate that some terms have a different meaning in different industries and we will be glad to add your explanation for your specific industry. Please email at dictionary@scopulus.co.uk. This business dictionary has general meanings as well as industry specific meanings.

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See legal documents for explanation of different contracts and agreements. Reference here to understand terms.

                                              Labour

                                              Lamfalussy

                                              LAN

                                              Land Registry

                                              Land Registry Fee

                                              Landlord

                                              Landlord Reference

                                              Lari

                                              Lat

                                              Late Registration Penalty

                                              Law Lord

                                              Law Society Consumer Complaints Service

                                              Lawyer

                                              LCP

                                              Lead time

                                              learning curve

                                              Leasehold

                                              Leave of the court

                                              Leave to appeal

                                              Legal Services Ombudsman

                                              Lek

                                              Lempira

                                              Leone

                                              Lessee

                                              Lessor

                                              Letter of request

                                              Leu

                                              Leverage

                                              Liability

                                              LIBO

                                              Licensed Premises

                                              Lien

                                              Life Interest

                                              Lifehack

                                              LIFFE


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Agency Agreement
To use when a business wishes to appoint an agent to promote its products or services.
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Terms and Conditions
Documents covering terms and conditions of both sale and purchase of goods and services
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Termination Agreement
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Software Licence
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