Financial Dictionary

This dictionary contains:
24549
financial terms

Legal transfer




Legal transfer

A stock transaction that requires special documentation in addition to standard stock or bond power to be legally valid.

RELATED TERMS
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Stock
US equivalent of the British word "share", a block of shares with a nominal value of 100, or various kinds of fixed-interest securities; in Britain, goods stored ready for sale, raw materials, work in progress and finished but unsold products.

Transaction
A single business deal; a sale or purchase; or the crediting or debiting of an account.

Bond
Certificate, stating that the issuer is committing himself to repay the loan, including interest and other payments, to the holder.



SIMILAR TERMS
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LEGACY Credit Union
LEGACY is a credit union with head office in PORTLAND, OR

Legacy Hotels REIT
Legacy Hotels REIT is one of Canada's largest companies.

Legal & General Group
Legal & General Group is a top British corporation in the field of insurance, and its estimated market value is 14,780 million US dollars.

Legal and General
Legal and General is a major British company.

Legal bankruptcy
A legal proceeding for liquidating or reorganization a business.

Legal capital
Value at which a company's shares are recorded in its books.

Legal defeasance
The deposit of cash and permitted securities, as specified in the bond indenture, into an irrevocable trust sufficient to enable the issuer to fully discharge its obligations under the bond indenture.

Legal entity
A person or organization that can legally enter into a contract, and may therefore be sued for failure to comply with the terms of the contract.

Legal investments
Investments that a regulated entity is permitted to make under the rules and regulations that govern its conduct.

Legal list
A list of approved securities in which institutions such as savings banks, life insurance companies and pension funds may invest.

Legal monopoly
A government-regulated firm that is legally entitled to be the only company offering a particular service in a particular area.

Legal opinion
A statement, usually written by a specialized law firm, required for a new municipal bond issue stating that the issue is legally acceptable.

Legal person
An individual or company recognized in law as having standing to be a party in a legal suit.

Legal risk
The risk associated with the impact of a defect in the documentation on cash flow or debt service.



PREVIOUS AND NEXT TERMS
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Legal list
A list of approved securities in which institutions such as savings banks, life insurance companies and pension funds may invest.

Legal monopoly
A government-regulated firm that is legally entitled to be the only company offering a particular service in a particular area.

Legal opinion
A statement, usually written by a specialized law firm, required for a new municipal bond issue stating that the issue is legally acceptable.

Legal person
An individual or company recognized in law as having standing to be a party in a legal suit.

Legal risk
The risk associated with the impact of a defect in the documentation on cash flow or debt service.

Legal transfer

Legislative risk
The risk that new or changed legislation will have a large positive or negative effect on an investment.

Legitimate
Used in the context of general equities. Real interest in trading as compared to a profile stance.

Lehman Brothers Adjustable-Rate Mortgage Index
A benchmark index that includes all agency-guaranteed securities with coupons that periodically adjust based on a spread over a published index.

Lehman Brothers Aggregate Bond Index
An index used by bond funds as a benchmark to measure their relative performance.

Lehman Brothers Government Bond Index
A benchmark index made up of the Treasury Bond Index and the Agency Bond Index as well as the 1-3 Year Government Index and the 20+ Year Treasury Index.

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This dictionary contains 24549 terms.







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