J - L

LEADING ECONOMIC INDICATORS - a monthly index that measures future economic activity. Published by the Department of Commerce.

LIMIT ORDER - when one puts in an order to either buy or sell at a specific price.

LISTED STOCKS - refers to stocks traded on the New York Stock Exchange, as well as the American Stock Exchange and other regional exchanges.

LONG - When one has purchased a stock, but has not yet sold their position in it, they are considered to be long.

LONG TERM DEBT - see DEBT.