- leveraged buyout n. Abbr. LBO The use of target company's asset value to

  finance the debt incurred in acquiring the company.

        

- levitate intr. & tr.v To rise or cause to rise into the air and float in

  apparent defiance of gravity. -levitation n.

        

- lewis n. A dovetailed iron tenon made of several parts and designed to fit

  into a dovetail mortise in a alrge stone so that it can be lifted by a

  hoisting apparatus. Also called lewisson.

        

- lexis n. The total set of words in a language as distinct from morphology;

  vocabulary.

        

- lib n. Informal A movement that seeks to achieve equal rights for a group;

  liberation.

 

- lichen n. 1. A fungus that grows symbilotically with algae, resulting in a

  composite organism that chracteristically forms a crust like or branching

  growth on rocks or tree trunks. 2. Pathology Any of various skin diseases

  charactrized by patchy eruptions of small, firm papules.

    

- licit adj. Permitted by law; legal.

    

- lickety-split adv. Informal With great speed.

    

- licking n. Slang 1. A beating, thrashing, or spanking. 2. A severe loss or

  defeat.

 

- licorice n. This translates to the Chinese '甘草片' (to be verifed).

 

- lifer n. Slang 1. A prisoner serving a life sentence. b. One who makes a

  career in one of the armed forces.

 

- lifeway n. 1. A customary manner of living; a way of life. 2. A custom,

  practice, or art: the traditional lifeways of a tribal society.

 

- lift fire: To increase the range of artillery fire by elevating the muzzle of

  a piece.

 

- lifting body: n. An aircraft or a spacecraft that has no wings and gains lift

  by the action of aerodynamic forces on its body.

 

- liger: n. The product of crossbreading of a male lion and a female tiger,

  having features of both but generally being larger than either.

 

- light out: Informal To leave hastily; run off

  

- light-fingered adj. 1. Having quick and nimble fingers. 2. Skilled at or given

  to petty thievery.

  

- lights: pl. n. The lungs, especailly the lungs of an animal slaughtered for

  food.

 

- lignum vitae n. 2. The wood of either of these trees, the harest of commercial

  woods.

 

- be like: (idiom) Informal To say or utter. Used chiefly in oral narration: And

  he's like, "Leave me alone!"

  

- Lilliputian: A very small person or being.

 

- lilt: n. 1. A cheerful or lively manner of speaking, in which the pitch of the

  voice varies pleasantly. 2. A light, happy, tune or song. 3. A light or

  resilient manner of moving or walking. v.

 

- limachine adj. Of, relating to, or resembling a slug.

 

- limeade n. A sweetened beverage of lime juice and plain or carbonated water.

 

- limewater n. A clear colorless alkaline aqueous solution of calcium hydroxide,

  used in calamine lotion and other skin preparations and sometimes as an

  antacid.

 

- limey n. Slang. 1. A British sailor. 2. An English person. [Short for lime

  juicer (from the use of lime juice on British warships in order to prevent

  scurvy).]

 

- limpid adj 1. Characterized by transparent clearness; pellucid. 2. Easily

  intelligible; clear: writes in a limpid style. 3. Calm and untroubled; serene.

 

- linage also lineage: n. 1. The number of lines of printed or written material.

  2. Payment for written work at a specified amount per line.