Related Words

Rag Arm: A term for a player (often an outfielder) who has a weak throwing arm.

Leveraged Stock: Stocks financed with credit, such as that purchased on a margin account.

Leveraged Required Return: The required return on an investment when the investment is financed partially by debt.

Leveraged Recapitalization: Often used in risk arbitrage. A public company takes on significant additional debt with the purpose of either paying an extraordinary dividend or repurchasing shares, leaving the public sha . . . View Full Definition

Liability Coverage: Insurance protection against injury and damage claims by third parties, available as option for car rentals.

Leveraged Portfolio: A portfolio that includes risky assets purchased with funds borrowed.

Lift-Drag Ratio: The lift coefficient of a wing divided by the drag coefficient, as the primary measure of the efficiency of an aircraft: aka L/D Ratio.

Man Coverage: A defense in which all players in pass coverage, typically linebackers and defensive backs, cover a specific player. Pure man coverage is very rare; defenses typically mix man and zone coverage.

Mail-Order Pharmacy Programs: Programs that offer drugs ordered and delivered through the mail to plan members at a reduced cost.

Lipper Mutual Fund Industry Average: The average level of performance for all mutual funds, as reported by Lipper Analytical Services.