Business Words Beginning With L :

Letter of Allotment : A letter informing an applicant for shares that certain number of shares have been allotted to him.




Legal Tender : Paper or metal money that a government decrees must be accepted as a lawful payment for debts




Licence : It is a permission given to do some ac which without such permission would be unlawful




Lien : A legal right of a person to detain or control property belonging to another until certain chares upon it have been paid or until some pecuniary claim against the owner has been satisfied




Liquidation : A he winding up of the affairs of an organization




List Price : the price shown in the sales list if the seller




Business Words Beginning With


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