Dictionary
- Liquidity
- A high level of trading activity, allowing buying and selling with minimum price disturbance. Also, a market characterized by the ability to buy and sell with relative ease.
- Liquidity Preference Theory
- The theory that the forward rate exceeds expected future interest rates.
- Locked Limit
- A market that, if not restricted, would seek price equilibrium outside the limit but, instead, moves to the limit and ceases to trade.
- Long
- Тhe state of actually owning a security, contract or commodity.