Filtered results for “L”

Limited Liability Company (LLC)

An LLC is a business entity with all the protection of a corporation plus the ability to pass through any business profits and losses to your personal income tax return.

Logistics

Logistics is used more broadly to refer to the process of coordinating and moving resources from one location to storage at the desired destination.

Liquidation

Liquidation generally refers to the process of selling off a company’s inventory, typically at a big discount, to generate cash.

Last In First Out (LIFO)

The last in, first out, or LIFO accounting method assumes that sellable assets acquired most recently were sold first.

Leveraged Buyout (LBO)

A leveraged buyout, or LBO for short, is the process of buying another company using money from outside sources.

Loss Leader Pricing

Loss leader pricing is a marketing strategy that involves selecting one or more retail products to be sold below cost – at a loss to the retailer – in order to get customers in the door.