Lead Time
The time it takes for a supplier - either equipment or a service - to make that equipment or service available.
Legislative
Actions within a Business Continuity Plan that must be prioritised as a result of legal, statutory or regulatory requirements.
Likelihood
Chance of something happening, whether defined, measured or estimated objectively or subjectively.
Line Re-routing
A facility provided by telephone service providers (Telco's) to re-route dedicated lines to backup sites or other defined locations.
Lockdown
A colloquial term used to reference Shelter-in-Place and Stay-at-Home Orders. Sometimes used interchangeably, however incorrectly, depending on the situation.
Logistics Team
A team comprised of various members representing departments associated with supply acquisition and material transportation, responsible for ensuring the most effective acquisition and mobilization of hardware, supplies, and support materials. This team is also responsible for transporting and supporting staff.
Loss
Unrecoverable resources that are redirected or removed as a result of a Business Continuity event.
Loss Adjuster
A Loss Adjuster is an independent evaluator of a claim normally hired by an Insurance company. Their aim is evaluate the loss or liability, identify the cause, check policies for adequate cover and finally, to recommend the best way to get the individual or company back on their feet.
Loss Reduction
The technique of instituting mechanisms to lessen the exposure to a particular risk. Loss reduction involves planning for, and reacting to, an event to limit its impact.
Loss Transaction Recovery
Recovery of data (paper within the work area and/or system entries) destroyed or lost at the time of the disaster or interruption.
BC / DR RULES & REGULATIONS
BC GLOSSARY

