Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,896,617,355 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Statutory Investment
(redirected from Statutory Investments)

    0.03 sec.
Statutory investment
An investment that a trustee is authorized to make under state law.

Statutory Investment
Investments allowed for institutional investors under the legal and regulatory rules of the country in which they are made. Institutional investors, notably banks, handle funds on behalf of clients, who may or may not be interested in investing themselves. As a result, many institutional investors are restricted from making certain high-risk investments. In the case of bonds, statutory investments are called investment-grade. One may also refer to statutory investments as legal investments.

statutory investment


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Policy rate hikes induce rate rise in money markets, including in government securities, resulting in lower asset values for banks' statutory investments, leading to lower profitability.
Consolidated statutory investments of the group's title insurance underwriters at yearend 1995 totaled $404 million and were concentrated as follows: 40 percent affiliated equity investments, 23 percent cash and short-term investments, 18 percent bonds, 10 percent unaffiliated equities, 5 percent mortgages and real estate and 4 percent other assets.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.