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Legal Investment

 
Financial & Investment Dictionary: Legal Investment
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Investment permissible for investors with Fiduciary responsibilities. Investment Grade bonds, as rated by Standard & Poor's or Moody's, usually qualify as legal investments. Guidelines designed to protect investors are set by the state in which the fiduciary operates. See also Legal List.

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Business Dictionary: Legal Investment
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Investment permissible for investors with Fiduciary responsibilities. Investment-Grade Bonds, as rated by Standard & Poor's or Moody's, usually qualify as legal investments. Guidelines designed to protect investors are set by the state in which the fiduciary operates. See also Legal List; Prudent-Man Rule.

 
 

 

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Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more