Leverage
A term used to describe the use of debt to increase the amount of funds available to do business or to invest. A company with equity or $10m and debt of $20m has $30m to do business with. Or a home buyer with equity of $100'000 may borrow $400'000 to buy a house worth $500'000, thus leveraging his initial equity by a factor of 5.
Liability
An obligation to deliver or to pay to a third party, be it in money or in goods.
Life Sciences
Life Sciences
Liquidation
Liquidation
Liquidity
The amount of cash or cash-equivalents available to an individual or a company. Typically, everything that can be turned into cash immediately is considered liquid. This includes deposits, publicly traded securities and other similar items.