What Is a Lead Bank? A lead bank is a bank that oversees the arrangement of loan syndication. The lead bank receives an additional fee for this service, which involves recruiting the syndicate members and negotiating the financing terms. In the Eurobond market, the lead bank acts in an agent capacity for an underwriting syndicate.
What Is Leadership? Leadership in business is the capacity of a company’s management to set and achieve challenging goals, take fast and decisive action when needed, outperform the competition, and inspire others to perform at the highest level they can. It can be difficult to place a value on leadership or other qualitative aspects of
What Is a Leadership Grid? The Leadership Grid is a model of behavioral leadership developed in the 1960s by Robert Blake and Jane Mouton. Previously known as the Managerial Grid, the Leadership Grid is based on two behavioral dimensions: concern for production, which is plotted on the X-axis on a scale from one to nine points; and concern
What Is a Leading Indicator? A leading indicator is a measurable set of data that may help to forecast future economic activity. Leading economic indicators can be used to predict changes in the economy before it begins to shift in a particular direction. They have the potential to be useful for market observers, investors, and
What Are Leads and Lags? Leads and lags in international business usually refer to the deliberate acceleration or delaying of payments due in a foreign currency in order to take advantage of an expected change in currency exchange rates. Corporations and governments may time payments due in a foreign currency if they anticipate a change
What Is Lead Time? Lead time is the amount of time that passes from the start of a process until its conclusion. Companies review lead time in manufacturing, supply chain management, and project management during pre-processing, processing, and post-processing stages. By comparing results against established benchmarks, they can determine where inefficiencies exist. Reducing lead time
What Is a Lead Underwriter? The term lead underwriter refers to an investment bank or another financial organization that has the primary directive for organizing an initial public stock offering (IPO) or a secondary offering for public companies. A lead underwriter usually works with other investment banks to establish an underwriter syndicate and is responsible for
What Is a League Table? A league table is a ranking of companies based on a set of criteria, such as revenue, earnings, deals, or any other relevant metrics. The rankings are organized into lists, which can be used for investment research purposes or as promotional material for the companies on the list. Key Takeaways
What Is Leakage? In economics, leakage refers to capital or income that diverges from some kind of iterative system. Leakage is usually used in relation to a particular depiction of the flow of income within a system, referred to as the circular flow of income and expenditure, in the Keynesian model of economics. Within this
What is a Lame Duck? Lame duck is an out-of-use British term used with reference to a trader who had defaulted on their obligations or gone bankrupt due to an inability to cover trading losses. Key Takeaways Lame duck was a British term used to describe members of the London Stock Exchange who were unable
