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legal list

American  

noun

Law.

  1. a list of investments that fiduciaries and certain institutions, such as banks and insurance companies, are legally authorized to make.

Example Sentences

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Since Jan. 1, 57 separate issues of rail bonds have been dropped from the legal list.

From Time Magazine Archive

And certain States keep such bonds from their legal list.

From Time Magazine Archive

If the bonds are removed from the legal list, trust fund managers have no choice but to dispose of the bonds within six months.

From Time Magazine Archive

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.

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