Glossary – Finance

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There are 5 names in this directory beginning with the letter L.
Libor Curve
Libor zero-coupon interest rates as a function of maturity.

Limit Move
The maximum price move permitted by the exchange in a single trading session.

Limit Order
An order that can be executed only at a specified price or one more favourable to the investor.

Liquidity Premium
The amount that forward interest rates exceed expected future spot interest rates.

Long Hedge
A hedge involving a long futures position.
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