Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• LEGAL AGE - Set by statute, the age at which a person ceases to be a minor and is able to contract on h...
  
  
• LEGAL BANKRUPTCY - A legal proceeding for liquidating or reorganizating a business.
  
  
• LEGAL BLEMISH - A problem with a property, such as a lien on the title or a zoning violation.
  
  
• LEGAL CAPITAL - Value at which a company's shares are recorded in its books.
  
  
• LEGAL CHARGE - The official term for the claim that a lender has over your home until you've paid off t...
  
  
• LEGAL DEFEASANCE - The deposit of cash and permitted securities, as specified in the bond indenture, in...
  
  
• LEGAL DESCRIPTION - A description of a piece of real estate that is drafted according to legal requirem...
  
  
• LEGAL ENTITY - any individual, partnership, proprietorship, corporation, association or other organizat...
  
  
• LEGAL FEE - May be charged where an outside party is used to prepare Lender documentation.
  
  
• LEGAL INVESTMENTS - Investments that a regulated entity is permitted to make under the rules and regula...