Founded in 1850 by Henry Lehman, Emmanuel Lehman and Mayer Lehman. Worldwide financial services firm. Investment and financial services experts. Forced to file bankruptcy during the financial crisis of 2008 […]

Lehman Brothers ‘ investment bankers’ compensation formula. Developed by the securities trading firm. Originally, fee or brokerage computation : (1) Transaction sum’s 1st million times 5 percent; (2) 2nd million […]

An officer under the Saxon government, who had jurisdiction over a lath. Enc. Lond. See LATH.

In old English law . A fugitive or runaway.

Law passed to prevent consumers from being stuck with non-performing, unwanted products.

To part with a thing of value to another for a time fixed or indefinite, yet to have some time In ending, to be used or enjoyed by that other, […]

For a common cause or in mutual benefit, friendly parties exchange or transfer of goods and services to each other.

He from whom a thing is borrowed. The bailor of an article loaned.

US legal direction holding lenders, especially banks and mortgage companies, liable for a borrower’s inability to repay due to the lender’s actions. Liability is for (1) bad faith loans, (2) […]

National central bank authorized and resourced to be the ultimate credit source. Intended to stabilize the national or regional economy. It extends loans to solvent, illiquid depository institutions to maintain […]

It may or may not also be a depository institution . A bank, credit union , or finance company that makes loans.

Philosophy, standards, and guidelines of a lending institution ‘s lending approach. Its employees must comply with this approach in granting or refusing a loan request. Must have basis in the […]

Airline industry dimensioning method to compute the largest permissible shipment’s size. Formula: Length as the largest measurement plus (2 times the Width) plus (2 times Height).

how long a person has worked at a company or has belonged to an organization . Longevity in a position; duration of service or employment.

Stay in a hospital or similar medical facility as a total length of days.

Statement in promissory notes curbing default recovery, by lender agreement, if default occurs for reasons beyond the borrower’s control, for a stated period of time.

A manager or interviewer rates an employee or the candidate too positively, causing a performance appraisal or interview bias. Contrast with strictness error.

In ecclesiastical law . The quadragesimal fast; a time of abstinence; the time from Ash-Wednesday to Easter.

People; a people; a nation. Spelman

In old European law. A vassal, or liege man; service; a were or were- gild. Spelman.

A tax for supplying the church with lights. Anc. Inst. Eng

Lat. An attempted partnership , in which one party was to bear all the losses, and have no share in the profits. This was a void partnership in Roman law; […]

A party is excused from sharing liabilities arising out of the agreement as a stated provision in said agreement.

A greyhound. Cowell.

A place where hares are kept Mon. Angl. t. 2, p. 1035.