12 L Basic Banking Guide A to Z L Labour A worker sells his labor and the employer buys it. Labor day This is an annual holiday celebrated all over the world that resulted from the labor union movement, to celebrate the economic and social achievements of workers. The majority of countries celebrate Labour Day on May 1, and it is popularly known as May Day and International Workers Day, while some celebrate on the first Monday of September. Labour movement the development of a collective organization of working people Labor union An association of workers meant to maintain or improve conditions of employment Labour relations The study of the relationship between management and workers Land In banking an area of ground with specific boundaries on which a house can be built. In contrasted with urban areas, in agriculture land refers to farming areas, in general, it refers to any part of the earths surface that can be owned as property, and everything annexed to it. Landmark To mark the b...