When clients enter mutual funds after the market is closed. This is illegal.
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L
LATELY
This word has been held to have “a very large retrospect, as we say ‘lately deceased’ of one dead ten or twenty years.” Per. Cur. 2 Show. 294.
LATENCY
1. ending at manifestation of effects and beginning at first exposure to a hazardous substance. 2. ending at a computer/device-command’s execution and begun when the command was given. 3. Measured […]
LATENS
Lat Latent; hidden ; not apparent. See AMBIGUITAS.
LATENT
Hidden ; concealed ; that does not appear upon the face of a thing; as, a latent ambiguity . See AMBIGUITY.
LATENT AMBIGUITY
a term given to a legal document, a will or a deed that seems to be clear but contains certain ambiguities.
LATENT DEFECT
Defect in an item found after the delivery of the item, discovered through the normal use of the item. This defect type is typically not found through normal inspection / […]
LATENT DEMAND
A consumer expectation , desire or preference , that goes unsatisfied because acceptable goods or services wanted are not available or too expensive. Influencing the potential buyer to use available […]
LATENT HEAT
Amount of heat needed to alter the a material’s state, from solid to liquid or liquid to gas, but without an increase in temperature .
LATENT MARKET
A potential market with ready consumers identified for a product or service not yet offered. Finding this potential helps a company move towards new products or services with building demand. […]
LATERA
In old records. Sidesmen; companions; assistants. Cowell.
LATERAL RAILROAD
A lateral road is one which proceeds from some point on the main trunk between its termini; it is but another name for a branch road, both being a part […]
LATERAL SHELF FILE
side-by-side hanging-file filing cabinet, displaying all file tags/labels at once. A lateral file cabinet is wide instead of deep. Contrast vertical shelf file.
LATERAL SUPPORT
The right of lateral and subjacent support is that right which the owner of land has to have his land supported by the adjoining land or the soil LATERARE 699
LATERAL THINKING
Term coined by Maltese-born UK psychologist, Dr. Edward de Bono, in his 1970 book, ‘ Lateral Thinking .’ Technique to generate Ideas and solve problems. New concepts-building looks for novel […]
LATERARE
To lie sideways. In opposition to lying endways; used iu descriptions of lands.
LATEST DATE FOR PRESENTATION
Submittal deadline a beneficiary of a letter of credit (L/C) has for required documents to receive the payment. If the L/C has no specified, either the L/C validity date or […]
LATH, LATHE
The name of an ancient civil division in England, intermediate between the county or shire and the hundred. Said to be the same as what, in other parts of the […]
LATIFUNDIUM
Lat In the civil law . Great or large possessions; a great or large field; a common. A great estate made up of smaller ones, (fundis,) which began to be […]
LATIFUNDUS
A possessor of a large estate made up of smaller ones. Du Cange.
LATIMER
A word used by Lord Coke in the sense of an interpreter . 2 Inst. 515. Supposed to be a corruption of the French “latinier,” or “latiner.” Cowell; Blount.
LATIN
The language of the ancient Romans. There are three sorts of law Latin: (1) Good Latin, allowed by the grammarians and lawyers; (2) false or incongruous Latin, which in times […]
LATIN AMERICA
Western Hemisphere designated member countries/areas where mainly Spanish or Portuguese is spoken. These include Mexico, Central America except Belize, and South America except French Guyana, Guyana, and Suriname.
LATINARIUS
An interpreter of Latin.
LATINI JUNIANI
Lat. In Roman law. A class of freedtnen (librrtini) intermediate between the two other classcs of freed- men called, respectively , “Circs I’nmani” and “Dcditicii.” Slaves under thirty years of […]