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| Long-term capital gain
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Income tax term, which applies to the gain on a capital asset, held long enough to qualify for special tax consideration. |
| Long-term financing
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Normally a permanent mortgage, which lasts at least ten years. |
| Long-term lease
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Lease contract which last for at least 5+ years. |
| Long-wave radiation
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Infrared or radiant heat. |
| Longitudinal
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Running or placed lengthwise. |
| Lookout
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Short, wooden framing member used to support an overhanging portion of a roof. It extends from the wall to support the soffit. |
| Lookout or lookout block
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Extension on a structure which spans the distance from the building's edge to the fly rafter, at the end of the gable extension and supports it and the roof overhang. |
| Loop
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(1) Large piece of heated metal, which makes it bendable for shaping. (2) Top Garden Fencing Fence where the tops are rounded looped wire. |
| Loop pile carpet
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Carpet style having a surface made up of uncut loops. |
| Loose fill insulation
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Insulation made from rockwool fibers, fiberglass, cellulose fiber, vermiculite or perlite minerals, and composed of loose fibers or granules can be applied by pouring directly from the bag or with a blower. |
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