PERSONAL FINANCE GLOSSARY

Alphabetical Listing

Lapse

Large-Cap Stock

Last

Leap

Level Load

Level Term Insurance

Liability Insurance

Lien

Lifetime Payout

Limit Order

Liquidity

Living Trust

Living Will

Long

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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