Business and Personal Finance Dictionary

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• LEGAL LIFE ESTATE - A legal life estate is not created voluntarily by an owner. Rather, it is a form of...
  
  
• LEGAL LIST - Is the list of acceptable investments which can be made by banks, insurance companies, and...
  
  
• LEGAL MONOPOLY - A government-regulated firm that is legally entitled to be the only company offering a...
  
  
• LEGAL NAME - Usually a person's full name as given at birth, may be changed by filing the proper forms ...
  
  
• LEGAL NOTICE - Informing one or more persons of a fact, action or intention in a period of time and in ...
  
  
• LEGAL OPINION - A written opinion from bond counsel that an issue of bonds was duly authorized and issu...
  
  
• LEGAL OWNER - The legal owner has title to the property, although the title may actually carry no right...
  
  
• LEGAL RESIDENCE - The place where one resides (may refer to a street address or, for income tax purpose...
  
  
• LEGAL RISK - The risk to earnings or capital arising from unenforceable contracts, lawsuits, adverse ju...
  
  
• LEGAL TENDER - Coins that have been authorized by Congress. This includes circulating coins and all com...