Legitimate


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Legitimate

Used in the context of general equities. Real interest in trading as compared to a profile stance. See: Natural.

Legitimate

Describing a security or trade in which a prospective buyer intends to buy without any illegal intentions, such as price manipulation.
References in classic literature ?
A few Senators and legitimate capitalists were lifted up as the figureheads of the crusade.
That is, perhaps, the only instance in human history of that positive, original social compact, which speculative philosophers have imagined as the only legitimate source of government.
Some persons may fancy that Mademoiselle Cormon used every means to attain her end; and that among the legitimate lures of womanhood she devoted herself to dress, wore low-necked gowns, and employed the negative coquetries of a magnificent display of arms.
Nor will there ever be wanting to a prince legitimate reasons to excuse this non-observance.
This grief for his home, which overcomes so many married seamen, did not deprive Captain MacW- of his legitimate appetite.
Gentlemen," said Monk to his officers, "I am going to meet the legitimate king.
By degrees, however, they became accustomed to the change, and at length came to consider the British fur traders, and especially the members of the Northwest Company, as the legitimate lords of creation.
In England, for example, no mere parade of costly appurtenances would be so likely as with us, to create an impression of the beautiful in respect to the appurtenances themselves - or of taste as regards the proprietor: - this for the reason, first, that wealth is not, in England, the loftiest object of ambition as constituting a nobility; and secondly, that there, the true nobility of blood, confining itself within the strict limits of legitimate taste, rather avoids than affects that mere costliness in which a parvenu rivalry may at any time be successfully attempted.
He had not flown far, however, when he came across a dog who, having met the sausage, had regarded him as his legitimate booty, and so seized and swallowed him.
natural and legitimate heir to the throne of France.
You are so intelligent, how is it you don't see that if the count has written a letter to the Emperor begging him to recognize Pierre as legitimate, it follows that Pierre will not be Pierre but will become Count Bezukhov, and will then inherit everything under the will?
Order, precision, directness, are the radical merits of prose thought; and it is more than merely legitimate that they should form the criterion of prose style, because within the scope of those qualities, according to Mr.