authorized investments


authorized investments
Formerly, certain legally authorized investments considered suitable for trust funds, as set out in the Trustees Investment Act (1961). A much wider general power of investment for trustees was introduced in 2000.

Accounting dictionary. 2014.

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  • authorized investments — Formerly, certain legally authorized investments considered suitable for trust funds, as set out in the Trustees Investment Act (1961). A much wider general power of investment for trustees was introduced in 2000 …   Big dictionary of business and management

  • Authorized Investment — Dictated by state laws or by trust instruments designed to restrict the kinds and amounts of investments allowed within a trust. In most cases, an authorized investment list prevents aggressive or speculative investments and… …   Investment dictionary

  • Authorized (horse) — Thoroughbred racehorse infobox horsename = Authorized caption =Authorized on 2007 Epsom Derby sire = Montjeu grandsire = Sadler s Wells dam = Funsie damsire = Saumarez sex = Colt foaled = 2004 country = Ireland flagicon|Ireland colour = Bay… …   Wikipedia

  • trustee investments — See: authorized investments …   Accounting dictionary

  • trustee investments — See authorized investments …   Big dictionary of business and management

  • limited legal investments — A term of significance to trustees. This term as used in the New Jersey Prudent Man Investment Statute, does not make such investments any less legal than the fiduciary investments authorized by other statutes and labeled legal investments ; the… …   Ballentine's law dictionary

  • general power of investment — A power, introduced by the Trustee Act (2000), that allows trustees to make any kind of investment that they could make if they were absolutely entitled to the assets of the trust fund. Previously, trustees were only permitted to make certain… …   Big dictionary of business and management

  • general power of investment — A power, introduced by the Trustee Act (2000), that allows trustees to make any kind of investment that they could make if they were absolutely entitled to the assets of the trust fund. Previously, trustees were only permitted to make certain… …   Accounting dictionary

  • legal — legally, adv. /lee geuhl/, adj. 1. permitted by law; lawful: Such acts are not legal. 2. of or pertaining to law; connected with the law or its administration: the legal profession. 3. appointed, established, or authorized by law; deriving… …   Universalium

  • legal — le•gal [[t]ˈli gəl[/t]] adj. 1) permitted by law; lawful: Such acts are not legal[/ex] 2) of or pertaining to law; connected with the law or its administration: the legal profession[/ex] 3) appointed, established, or authorized by law; deriving… …   From formal English to slang