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"Lowest or Least Common Factor"

LCM is basically the method, used to determine the factors of any specific number or value, the Factors will be smallest in value.

just like LCM of "16" is "2x2x2x2"

but it can also be done as 8x2 or 4x4.

So the LCM is basically the Lowest value factor that you can find.

Improved Answer:-

LCM means the lowest common multiple of two or more numbers as for example the LCM of 3 and 4 is 12

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Q: What does LCM mean in math term?
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