nonlegal Definition

nonlegal

Definition

An investment not on a given state's legal list and not acceptable as an investment for savings banks or trust funds.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

approved list - More

Popular 'Banking' Terms

negotiable
letter of credit
bank draft
bank
commercial bank

account
overdraft protection
compound interest
overdraft
lockbox

nonlegal in the news

Tools

nonlegal is ...

... part of the Banking subject.

Nearby Terms

non-interest-bearing account
non-interest-bearing note
non-investment property
nonjudicial foreclosure
nonledger asset
nonlegal
nonmember firm
nonparticipating life insurance policy
nonperforming asset
nonperiodic distribution
nonproductive loan

Search volume for nonlegal

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice