L

• Leverage

  The relative importance of assets, off-balance sheet liabilities, and contingent obligations to pay or provide a service or collateral, including obligations arising from received financing, commitments made, derivative instruments, and repurchase agreements, but excluding those whose enforcement can only be imposed during the liquidation of an institution, in relation to the equity of that institution.

• Liquidator

  A designated agent, in accordance with banking regulations, tasked with organizing the liquidation of a credit institution.