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Life Terms
Terms starting with L
Every Buhata Life Terms entry that starts with L, with its short definition.
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L
Language development
How a child learns to understand and use sounds, gestures and words, from early squeals to first words, two-word phrases and short stories.
Lap infant
A child under 2 who flies on an adult's lap without a seat of their own. The FAA allows it but recommends a ticketed seat and an approved car seat.
Latchkey kid
A school-age child who comes home to an empty house and spends time there without an adult, usually while parents work.
Late fee
A charge added when a payment arrives after its due date, set by the card agreement, lease or contract and limited by federal or state rules.
Late payment
A payment that reaches the lender after its due date; on credit reports, one that's 30 days or more past due.
Laundry service cost
What you pay a business to wash, dry and fold your laundry or dry-clean it, priced by the pound, the bag or the item, sometimes with pickup and delivery.
Laundry sorting
Dividing dirty laundry into loads that can be washed together safely, by color, how dirty it is, lint and the care each fabric needs.
Lawn aeration
Pulling small plugs of soil out of a lawn with a core aerator, so air, water and roots can get through compacted soil and thatch.
Lawn care cost
What a household pays for mowing and other yard work over a season, often priced per visit plus extra jobs such as aeration or leaf cleanup.
Lawn care schedule
A year-round plan that puts each lawn job, from mowing height to seeding and fertilizing, in the season that suits your type of grass.
Lawnmower parenting
A parent who clears obstacles out of a child's way before the child meets them, so the child rarely faces difficulty or failure. Also called snowplow parenting.
Layaway
A store payment plan that holds an item for you while you pay for it in installments; you take it home only after it's paid in full.
Leaky faucet
A faucet that keeps dripping from the spout or leaking at the handle after it's turned off, usually because a cartridge, washer or seal has worn out.
Learned helplessness
A psychology term for failing to use control you actually have, after repeated experience with stressful situations you couldn't control.
Least restrictive environment
The IDEA rule that children with disabilities learn with children without disabilities as much as appropriate, and leave regular classes only when needed.
Length of credit history
How long you've been using credit, measured by the ages of your oldest, newest and average accounts; it makes up 15% of a FICO Score.
Let-down
The milk ejection reflex: when a baby nurses, the hormone oxytocin makes the breast squeeze milk out through the ducts so the baby can drink it.
Lexile level
A number followed by L, from MetaMetrics, that measures either a student's reading ability or how hard a text is, on the same scale so the two can be matched.
Liabilities
Debts and other money you owe, such as a mortgage, a car loan or a credit card balance. Your assets minus your liabilities is your net worth.
Library passes
Free or discounted admission passes to museums, gardens and other attractions that a public library lets cardholders reserve, usually for a set date.
Licensed contractor
A contractor who holds the license your state or local government requires for the kind of work being done, which you can check before you hire.
Life admin
The everyday paperwork and planning that keeps a life and a household running, such as bills, taxes, forms, renewals and appointments.
Life skills for kids
The everyday abilities children need to handle daily life, from WHO's thinking and people skills to practical ones like cooking and self-care.
Lifestyle creep
When spending rises along with income, so a raise or a new job leads to a bigger lifestyle but little or no extra saving.
Limit setting
Deciding and calmly holding the rules for what a child may and may not do, explained in words the child can understand and followed through every time.
Line drying
Drying laundry by hanging it on a clothesline, rack or bar to air dry, indoors or outdoors, instead of using a tumble dryer.
Litter box cleaning
Scooping and changing a cat's litter on a routine. CDC advises changing it daily, before any toxoplasmosis parasite in the waste can become infectious.
Loan default
Failing to repay a loan as the contract requires, usually after missed payments, which lets the lender use stronger ways to collect.
Loan forgiveness
A program that cancels some or all of a loan's remaining balance once you meet its rules, most often a federal student loan program.
Loan origination fee
A charge a lender makes for setting up a loan, usually a percentage of the amount borrowed, either paid up front or taken out of the money you receive.
Loan term
How long you have to repay a loan, usually stated in months for a car loan and in years for a mortgage.
Logical consequences
A consequence a parent sets up that is directly tied to what the child did, like toys left out being put away for the rest of the day.
Loneliness
The painful feeling that you lack close, meaningful relationships or a sense of belonging, whether or not other people are around you.
Love languages
Gary Chapman's idea that people give and feel love in five main ways: words of affirmation, quality time, receiving gifts, acts of service and physical touch.
Love languages for kids
Gary Chapman and Ross Campbell's idea that each child feels loved most through one of five ways: words, time, gifts, acts of service or touch.
Low water pressure
Water that comes out of taps and showers weaker than it should, from a clog at one fixture or a valve, regulator, leak or supply problem affecting the whole house.
LTV to CAC ratio
Customer lifetime value divided by customer acquisition cost, showing how many dollars a customer brings in for each dollar spent winning them.