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 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...
  
  
• LEGAL TITLE - The bundle of rights of ownership that a person acquires in purchasing a piece of propert...
  
  
• LEGAL TRANSFER - A stock transaction that requires special documentation in addition to standard stock ...
  
  
• LEGALLY COMPETENT PARTIES - People who are recognized by law as being able to contract with others; tho...
  
  
• LEGATEE - A person who receives money or personal property under a will.
  
  
• LEGEND DRUG - Drug which federal law stipulates can only be obtained with a prescription.