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Lead time
The delay between when materials or services are requested and when they are available at the right time and place. Lead time […]
Learning Style
The way a person acquires and organizes new information. It can include the sensory aspects of learning or cognitive preferences.
Life-cycle cost analysis (LCCA)
The process of determining all costs incident to the planning, design, construction, operation and maintenance, and disposition of an asset over its […]
Loss factor
See common area factor.
Liquid assets
Cash or assets that can be immediately converted to cash (or easily convertible into cash).
Local Area Network (LAN)
A computer network contained within a relatively small area. May also be connected over any distance via phone lines, fiber optic cable, […]
Light pollution
Excess sky light created by human activities that interferes with astronomical observations and affects the environment.
Lump sum
A single payment of money as opposed to a series of payments made over time (such as an annuity).
Lease abstract
A summary of key information in a commercial real estate lease. It summarizes and documents commonly referenced lease information from a lease […]
Load shifting
Rescheduling certain operations to lower peak demand and shift operations that are not time-sensitive to periods of the day (or week) when […]