a | b | c | d | e | f | g | h | i | j | k | l | m | n | o | p | q | r | s | t | u | v | w | x| y | z |

liability – an obligation to pay money to another party at a specified point in time.

liquid – cash or financial assets easily convertible to cash.

liquidity – (1) a company's ability to meet current obligations with cash or other assets that can be quickly converted into cash (2) a financial asset's ability to be converted into cash quickly and without price discounts.

lump sum – a single installment or advance for the total amount of the loan, rather than a series of periodic installments or advances.

Back To The ICG Growth Business Resource Center Main Page