Liquidation
The process of closing a business and distributing its assets to creditors and owners. Assets are sold to pay off liabilities. Any remaining funds go to shareholders. Liquidation can be voluntary (due to retirement or strategy) or forced (due to insolvency).
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LIFO (Last In, First Out)
A US-permitted inventory valuation method where the most recently acquired inventory is assumed to be sold first. LIFO is allowed under US…
Leveraged Buyout
A leveraged buyout is the acquisition of a company using significant borrowed funds, often secured by the target’s assets. Accounting…
Loss Ratio
Loss ratio measures the proportion of claims paid by an insurer relative to premiums earned. It evaluates underwriting performance and…
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