Land Use Capability Class (AKKS)
Land Use Capability Class (AKKS)
It is a classification consisting of eight classes that reveals the suitable areas of use (cultivated agriculture, agriculture requiring intervention, pasture and forest etc.) by examining the soil properties of an existing land. Land Unification is the zoning process for combining parcels.
Lean Manufacturing
It is a set of concepts, systems and techniques that aim to perfect the value offered by eliminating waste and simplifying the process of creating products and services and thus increasing the profitability of the company.
Leasing
It is a financing method that ensures that the ownership of an investment property remains with the owner company, the right of use is given to the tenant in return for the determined rents and the property is transferred to the tenant at the end of the period specified in the contract.
Legal entity
It is a person or a group of property that is established to achieve a certain purpose and has the power to own rights, assets and liabilities with an independent legal personality. Example: Limited company
Leverage Ratio
It is the ratio that shows how much of the entity's assets are financed by foreign sources.
Licensed Warehousing
It is a facility that provides the services of preserving agricultural products in healthy conditions and storing them for commercial purposes within the scope of the Agricultural Products Licensed Warehousing Law No. 5300.
Liquidity
It is the degree to which businesses' assets can be converted into cash quickly and easily
Lobbying
It is the effort to influence decisions made by governments or international organizations.
Low Technology Investment
Low Technology Investment
OECD (Organization for Economic Cooperation and Development) has determined the sub-sectors of the manufacturing industry as high, medium and low technology sectors according to their research and development intensity, and defined the investments made in the food textiles, clothing, forestry products, paper products, oil and coal derivatives, cement-clay, iron steel, metal goods, etc. sectors as Low Technology Investments.
