HomeDefinitionsCompareDebt LEGALThe financial definition for LEGAL:A computerized database maintained by the NYSE to keep track of enforcement actions, audits, and complaints against member firms. This term is not an acronym but is referred to in capitals. Similar MatchesLegal bankruptcyLegal bankruptcyA legal proceeding for liquidating or reorganizing a business. Legal defeasanceLegal defeasanceThe deposit of cash and permitted securities, as specified in the bond indenture, into an irrevocable trust sufficient to enable the issuer to fully discharge its obligations under the bond indenture. Legal entityLegal entityA person or organization that can legally enter into a contract, and may therefore be sued for failure to comply with the terms of the contract. Further SuggestionsLegal investmentsLegal list Legal monopoly Legal opinion Legal transfer Click to compare definitions of LEGAL Click to view definitions beginning le |