Related Words

Air Lot: A designated airspace over a piece of land. An air lot, like surface property, may be transferred.

Lottery: Lottery Tuition Assistance (LTA) is available for eligible full-time students (12 or more credit hours) and eligible part-time students.

Lots: In the context of general equities, this blocks or portions of trades. Can express a specific transaction in a stock at a certain time, often implying execution at the same price (e.g., 'I t . . . View Full Definition

Lot-And-Block (Recorded Plat) System: A method of describing real property that identifies a parcel of land by reference to lot and block numbers within a subdivision, as specified on a recorded subdivision plat.

Lotus (Padmasana): A seated pose. Sit with your spine straight. Cross both of your legs and place the soles of your feet face up on top of your thighs near your hips.

Lowest Logical Airfare: Lowest airfare found within the parameters of a corporation’s travel policy.

Marketing Quotas (Or Allotments): Authorized by the Agricultural Adjustment Act of 1938, these quotas (sometimes called poundage quotas) limit marketings of certain commodities. The marketing quota, which must be approved by . . . View Full Definition

Maritime Air Mass: An air mass influenced by the sea. It is a secondary characteristic of an air mass classification, signified by the small 'm' before the primary characteristic, which is based on source regi . . . View Full Definition

Lone Pair: Electrons that are not involved in bonding.

Merlot: Classic grape widely grown in the Bordeaux region of France and elsewhere. Recently found, by DNA analysis, to have derived from a Cabernet Franc x unknown variety yet to be determined. The . . . View Full Definition