Long Market Value

Long Market Value

What Is Long Market Value? The long market value is the aggregate value, in dollars, of a group of securities held in a cash account or margin account at a broker. Long market value is calculated using the prior trading day’s closing prices of each security in the account, though in a liquid market, current

Longshore and Harbor Workers’ Reimbursement Act Definition

Longshore and Harbor Workers’ Reimbursement Act Definition

What is Longshore and Harbor Workers’ Compensation Act The Longshore and Harbor Workers’ Compensation Act (LHWCA) is a federal law that gives medical and other benefits, such as vocational rehabilitation, to certain maritime employees. The LHWCA covers longshoremen, harbor workers, and many other maritime employees. Other employees include those who load and unload ships, truck drivers who haul