Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,726,292,462 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Legal Investment

    0.02 sec.
legal investment
An investment that is eligible for purchase by a fiduciary. Also called legal, statutory investment.

Legal Investment
An investment allowed for institutional investors under the legal and regulatory rules of the country in which it is 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, legal investments are called investment-grade.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
On the investment side, legal investment laws applicable to pension funds, insurance companies, banks, financial institutions and other institutional investors may restrict their participation in the ABS markets.
2 episode of ``Squawk Box'' that he tried to ``short'' the company's stock, a legal investment strategy based on the hope that a company's stock price will fall.
Also, the state law legal investment preemption will allow state-chartered or state-regulated entities such as banks, thrifts, credit unions, insurance companies and others to invest in commercial mortgage-backed securities as long as the securities are in the top two ratings tiers of at least one nationally recognized ratings agency.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
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. Terms of Use.