Long position
A position in which a person's interest in a particular series of options is as a net holder, meaning that the number of contracts bought is more than the number of contracts sold. It is similar for the futures contracts. A bull position in a security.
Listed Company
A public limited company which satisfies certain listings conditions and signs a listing agreement wit the stock exchange for trading in it securities. One important listing condition is that 25% of its issued capital should be offered to the public.
Limit order
Is an order for which the price (limit price) has been specified at the time of making the order entry. A limit order describes the instruction an investor gives to his broker setting out how much he's prepared to pay for shares (or any other asset for that matter).
LIBOR
LIBOR stands for London Inter Bank Offer Rate. It's the rate of interest at which banks
offer to lend money to one another in the so-called wholesale money markets in the City of
London. Money can be borrowed overnight or for a period of in excess of five years.
LIBID
Banks also offer to borrow money in the wholesale money markets. The rate is called the London Inter Bank Bid Rate (LIBID).