Definition
Local law that extends the jurisdiction of foreign courts to local territory in certain cases, usually on a reciprocal basis.
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Nearby Terms
- London Interbank BID (LIBID) rate
- London Interbank MEAN (LIMEAN) rate
- London Interbank Offered Rate (LIBOR)
- London International Financial Futures & Options Exchange (LIFFE)
- London Metal Exchange (LME)
- London Stock Exchange (LSE)
- long arm statute
- long coupon
- long distance call
- long form bill of lading (B/L)
- long hedge
- long market value (LMV)
- long position
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