least cost routing

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least cost routing

A feature of a telephone system that automatically connects an outgoing telephone call with the telephone service that costs the least to that location at that time of day. Depending on how it is programmed, least cost routing will either drop down to the second most-efficient service if the first is not available, or it will give the caller a busy signal.
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References in periodicals archive ?
The rule's HQLA definitions are critical to the LCR calculation and may dramatically affect the assets financial institutions choose to hold on their balance sheets in order to comply with the LCR requirement.
Suresh Rajan, LCR's founder and majority shareholder, will transition to the role of Executive Chairman.
Not surprisingly given the Federal Reserve's large-scale asset purchases (LSAPs) that injected reserves into the banking system at the time, we find that during the run-up to becoming LCR compliant, banks in aggregate took on a significant quantity of excess reserves.
"Devolution is about bringing power closer to the people, and through LCR Listens we are stepping up our efforts to understand what is important to all of our residents.
Lee Crawford and Scott Hardie (LCR Suzuki) occupy second place ahead of John Lowther Sarah Stokoe (LCR
He said: "The work we have done with the Virtual Engineering Centre through the LCR 4.0 programme has been pivotal in developing a new tool that has the potential to transform how medical professionals train and ultimately the quality of care patients receive.
Marifi De Asis, PSA supervising statistical analyst, stressed that all data and documents submitted to their office by the LCR were presumed to be authentic.
LCR issued by the SECP in 2017 set detailed corporate governance requirements.
The LCR and the NSFR are both the part of the local regulator's efforts to keep up with international standards under the umbrella of the Basel III regime.
The LCR mandates big banks to hold high-quality and easily convertible assets to cover its total net cash outflows for a 30-day period, while the NSFR requires financial institutions to hold enough liquidity or reliable sources of funding to match their expected funding needs for a longer period of one year.
Under ECON's counterproposal, liquid assets are only eligible for the 180 days buffer if not essential to maintain the LCR and provided that the programme's net liquidity outflow for the first 30 days is equal to zero.