HomeDefinitionsCompareDebt Legal opinionThe financial definition for Legal opinion:A statement, usually written by a specialized law firm, required for a new municipal bond issue stating that the issue is legally acceptable. Similar MatchesOpinion shoppingOpinion shoppingAttempts by a corporation to attain reporting objectives by following questionable accounting principles, with the help of an auditor willing to sanction the practices. Prohibited by the SEC. Click to compare definitions of Legal opinion Click to view definitions beginning le |