Statutory investment
Definition: [crh] An investment that a trustee is authorized to make under state law.
Statutory investment
An investment that a trustee is authorized to make under state law.
Statutory merger ...
the Treasury may not sell new debt issues until Congress raises the limit. For a detailed listing of changes in the limit since 1941, see Budget of the United States Government. See: Debt outstanding subject to limitation.
Statutory investment ...
of the longer maturity of government debt, even though the quantum has not changed. Funding operations also result in replenishment of the floating stock of Government Securities, which facilitates OPEN MARKET OPERATIONS and statutory investment by ...
statutory investment An investment in which a fiduciary is authorized to make, according to state laws. statutory merger A merger in which one of the merging companies continues to exist as a legal...
 See also: Speculator, State bank, Bills, Expense, Banks
  
|
RSS
