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Glossary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Legal Services
A legal service is considered as the work executed by a lawyer for his client
Lessee
A lessee is the party that is provided the right to utilize the property under the terms of a lease agreement
Lessor
A lessor is the owner of property that is leased to another party
Limited Liability Company
This organization is new and flexible and offers liability protection with a partnership type of relationship.
Limited Liability Company
A company that gives limited liability to its members
Limited Partnership
Limited partners allowed by a business organization enjoying limited personal liability, compared to general partners enjoying unlimited personal liability.
Liquidation Preference
Holders is entitled to be paid if the corporation's assets have been liquidated.
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