Glossary

Larceny

The unlawful taking of another person’s property. Larceny is commonly classified as “petty” or “grand” depending on the value of…

Legal Malice

An act, committed without just cause or excuse, intended to inflict harm or cause death.

Libel

Defamation of another person through print, pictures, or signs.

Lien

Legal document used to create a security interest in another’s property. A lien is often given as a security for…

Line of Credit

In open-end credit, the maximum amount a borrower can draw upon or the maximum that an account can show as…