Gong Fu

Life Style / Tea / Gong Fu: meaning performed with care, this typically refers to a style of brewing with many repeated short infusions of leaf in a miniature pot.
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Load Fund

Business / Finance / Load Fund: A mutual fund that sells shares with a sales charge-typically 4% to 8% of the net amount indicated. Some no-load funds also levy distribution fees permitted by Article 12b-1 of the Investment Company MORE

London International Financial Futures Exchange (LIFFE)

Business / Finance / London International Financial Futures Exchange (LIFFE): A London exchange where Eurodollar futures as well as futures-style options are traded. MORE

Liquidity Fund

Business / Finance / Liquidity Fund: A California company that buys real estate limited partnership interests at 25% to 35% lower than the current value of the real estate assets. MORE

Lipper Mutual Fund Industry Average

Business / Finance / Lipper Mutual Fund Industry Average: The average level of performance for all mutual funds, as reported by Lipper Analytical Services. MORE

Lighting Diffusion

Technology / Television (TV) / Lighting Diffusion: The hardness or softness of a light source. Hard light casts a sharp, definite shadow. MORE

Low-Coupon Bond Refunding

Business / Finance / Low-Coupon Bond Refunding: Refunding of a low-coupon bond with a new, higher-coupon bond. MORE