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Personal Finance Glossary

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L
LIFO—Last In, First Out
Lapse
Large-Cap Stock
Last
Leap
Level Load
Level 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
Current TermLow Price
Low Price
This is the day's lowest price of a security that has changed hands between a buyer and a seller.
† ©CBS MarketWatch

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