| | InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
Legal List
Definition 1.
A selection of eligible companies and investments, determined by local state governments, for institutions such as insurance companies and pension plans.
|
Definition 2.
A list of high-quality debt and equity securities chosen by a state agency that are acceptable holdings for fiduciary institutions.
|
Definition 3.
List of legal investments for savings banks and trust funds; determined by each state. also called approved list. opposite of nonlegal.
|
|
|