Authorized Investment

Authorized Investment

An investment made in accordance with a trust or a client's wishes or other instructions. It is illegal for a fiduciary agent or a trustee to make anything other than an authorized investment. This contrasts with a legal investment, which is an investment a regulated institution is allowed to make by the government.
References in periodicals archive ?
FCMB also has a presence in the United Kingdom (through its Financial Services Authority ( FSA ) authorized investment banking subsidiary, FCMB UK) and a representative office in the Republic of South Africa.
AVIC is a state-owned corporation under the supervision of central government and a state authorized investment institution.
DAMASCUS, (SANA) - the number of authorized investment projects during the first 3 months of the year 2010 raised to 105 projects with a total cost of about 12.
An investment policy is much more than a simple list of authorized investment instruments.
SGCC is a state-owned enterprise approved by the State Council to conduct government authorized investment activities and has been ranked the 7th in the Fortune Global 500 in 2013.
PulteGroup has previously announced plans to increase its authorized investment in land and development for 2013 and 2014 to $1.
As an authorized investment under Florida Statutes 163.
Rauh confirmed that before, the VPIC authorized investment consultant NEPC to hold a public search for value-added/opportunistic managers at its Aug.
A new production manufacturer in Taoyuan in north Taiwan is being developed, planned for conclusion in May next year which will have a authorized investment of as much as NT$7 billion dollars.
a large Chinese government authorized investment company specialized in investments in the energy sector since 2000.
A state-owned enterprise, SGCC is been authorised by the State Council to carry out government authorized investment activities.
SGGA was established on December 29, 2002 as a government-owned enterprise approved by the State Council to conduct government authorized investment activities.
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