Legal investments

Legal investments
Investments that a regulated entity is permitted to make under the rules and regulations that govern its investing. The New York Times Financial Glossary

Financial and business terms. 2012.

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  • legal investments — investments that a regulated entity is permitted to make under the rules and regulations that govern its conduct. Bloomberg Financial Dictionary …   Financial and business terms

  • limited legal investments — A term of significance to trustees. This term as used in the New Jersey Prudent Man Investment Statute, does not make such investments any less legal than the fiduciary investments authorized by other statutes and labeled legal investments ; the… …   Ballentine's law dictionary

  • legal — 1. Conforming to the law; according to law; required or permitted by law; not forbidden or discountenanced by law; good and effectual in law; of or pertaining to the law; lawful. Freeman v. Fowler Packing Co., 135 Kan. 378, 11 P.2d 276, 277. See… …   Black's law dictionary

  • legal — 1. Conforming to the law; according to law; required or permitted by law; not forbidden or discountenanced by law; good and effectual in law; of or pertaining to the law; lawful. Freeman v. Fowler Packing Co., 135 Kan. 378, 11 P.2d 276, 277. See… …   Black's law dictionary

  • legal list — A list of investments selected by various states in which certain institutions and fiduciaries, such as insurance companies and banks, may Legal lists are often restricted to high quality securities meeting certain specifications. See also legal… …   Black's law dictionary

  • legal list — A list of investments selected by various states in which certain institutions and fiduciaries, such as insurance companies and banks, may Legal lists are often restricted to high quality securities meeting certain specifications. See also legal… …   Black's law dictionary

  • legal list statutes — State laws that enumerate the investments into which certain institutions and fiduciaries those who manage money and property for another and who must exercise a standard of care in such activity in accordance with law or contract can venture.… …   Law dictionary

  • Legal & General — Legal General Group Plc Unternehmensform Public limited company Gründung 1836 …   Deutsch Wikipedia

  • legal list — n: a statutory list of types of investments that fiduciaries are permitted to make on behalf of others compare prudent man rule Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • investments — index capital, finance, personalty, portfolio, property (possessions) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

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