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Personal Finance Glossary

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L
LIFO—Last In, First Out
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Large-Cap Stock
Last
Leap
Level Load
Current TermLevel Term Insurance
Liability Insurance
Lien
Lifetime Payout
Limit Order
Liquidity
Living Trust
Living Will
Loan-To-Value (LTV) Ratio
Long
Long-Term Capital Gains
Long-Term Care Insurance
Low Price
Level Term Insurance
Term coverage in which the face value and premiums may remain unchanged from the date the policy is effective to the date the policy expires.

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