If you need to sharpen up on your business-related terminology, this list of business words that start with L I’ve put together is going to be just what you’re looking for.
Sometimes you need a word starting with a certain letter to emphasize a point, I get it.
I’m a writer, businessman, and entrepreneur, I’ve had to search for specific words more times than I can remember!
This is why I put together this list of business-related words that begin with the letter L – to help you out if you’re looking for a specific, powerful word.
I’ve tried to cover everything from finance to economics and general business terms. I hope you find what you’re looking for – good luck!
Business Words That Start With L
Labor Force – the total number of people who are currently employed plus the number of people who are unemployed and seeking employment.
Laissez-Faire – a laissez-faire state will focus instead on providing law, order and public safety.
Law Of Diminishing Returns – an economic theory that predicts after optimal level of capacity is reached, adding additional factors of production will actually result in smaller increases in output.
Lead Generation – the marketing process of stimulating and capturing interest in a product or service for the purpose of developing a sales pipeline.
Leads – refers to contact with a potential customer, also known as a “prospect”.
Learning Curve – a visual representation of how long it takes to acquire new skills or knowledge.
Leasehold – an agreement to lease a property for a specified period of time.
Legal Tender – coins or banknotes that must be accepted if offered in payment of a debt.
Letter Of Credit – a financial contract between a bank, a bank’s customer and a beneficiary.
Leveraged Buyout – the acquisition of another company using a significant amount of borrowed money to meet the cost of acquisition.
Liability – a thing for which someone is responsible, especially an amount of money owed.
Liberated – release (someone) from a situation which limits freedom of thought or behavior.
Licensing Agreement – an agreement between you as the IP right owner and another party.
Lifestyle – a business that is geared toward supporting the owner’s income and personal requirements rather than maximizing revenue.
Lifetime Value (LTV) – an estimate of the average revenue that a customer will generate throughout their lifespan as a customer.
Limited – restricted in size, amount, or extent; few, small, or short.
Limited Liability – a form of legal protection for shareholders and owners that prevents individuals from being held personally responsible for their company’s debts or financial losses.
Line Of Credit – a preset borrowing limit that can be tapped into at any time.
Liquid Asset – assets that can be easily, securely, and quickly exchanged for legal tender.
Liquidity Ratio – a type of financial ratio used to determine a company’s ability to pay its short-term debt obligations.
Listen – take notice of and act on what someone says; respond to advice or a request.
Loan Agreement – a contract between a borrower and a lender which regulates the mutual promises made by each party.
Loan-To-Value – determines the maximum amount of a secured loan based on the market value and the liquidity of the asset pledged as collateral.
Lock-Up Agreement – prohibits company insiders—including employees, their friends and family, and venture capitalists—from selling their shares for a set period of time.
Long Tail – refers to longer, more specific keywords that are generally lower competition so a business can rank in search engines easier.
Long-Term Assets – are those a business can expect to use, replace and/or convert to cash beyond the normal operating cycle of at least 12 months.
Low-Hanging Fruit – a metaphor to describe tasks or projects that a team or employee can easily and quickly complete before moving on to more challenging work.
Lowest – ranking below other people or things in importance or class.
Loyalty Program – rewards, discounts, and other special incentives that are offered as a way to attract and retain customers.
Luxury – a state of great comfort or elegance, especially when involving great expense.
‘L’ is a good letter to start with if you’re looking for business-related terms, as you can see from the long list above.
For example, ‘Liability’ is commonly going to come up when talking about finances and business. As are terms like ‘Loan to Value’ and ‘Long-term Assets’, two versatile terms I come across often.
Obviously, this isn’t an exhaustive list. Please let me know if you know of any other business-related words starting with L that you’d like to share, thanks!
For more professional and business words starting with different letters of the alphabet, please click any of the letters in the table below to go to that list:
Image credits – Photo by Annie Spratt on Unsplash
Phil lives in England, UK, and has around 20 years experience as a professional life, career and executive coach. He started this blog to help others find and define their own self development journey. Blogging about a wide range of topics to help facilitate a better future.