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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Legitimate

Describing a security or trade in which a prospective buyer intends to buy without any illegal intentions, such as price manipulation.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
legitimated by Nicholas V, 1453, marriage annulled, 1455
Tristanus, 1429-1477, legitimated 1448, condottiere, m.
He claimed her as bride in 1450, and in 1453 she was legitimated by Nicholas V.