| Term | Description |
| limited partnership |
Please Select a Term from left to view the description |
| limited personal liability | |
| limited power of attorney | |
| lineal descendants | |
| lineup | |
| link | |
| liquid assets | |
| liquidating partner | |
| lis pendens | |
| litigation | |
| living trust | |
| living will | |
| LLC | |
| LLP | |
| loan broker | |
| loan consolidation | |
| Longa possessio est pacis jus | |
| Longa possessio parit jus possidendi et tollit actionem vero domino | |
| loss damage waiver (LDW |