legitimate


legitimate
Used in the context of general equities. Real interest in trading as compared to a profile stance. Bloomberg Financial Dictionary
See: natural. Bloomberg Financial Dictionary

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I. legitimate le‧git‧i‧mate 1 [lɪˈdʒɪtmt] adjective
1. LAW operating according to the law:

• Although most of these shows are legitimate, a growing number are frauds.

2. reasonable or understandable:

• There's a lot of legitimate concern about where the economy is going.

  [m0] II. legitimate le‧git‧i‧mate 2 [lɪˈdʒɪtmeɪt] verb [transitive]
another form of legitimize:

• Corporate power cannot be legitimated merely by reference to the rights of shareholders.

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legitimate UK US /lɪˈdʒɪtəmət/ adjective
LAW allowed by law or done according to the rules of an organization or activity: »

Defense lawyers argued that such payments are legitimate and customary in newspaper deals.

»

a legitimate business/company/trader

»

legitimate expenses/fees

fair and honest: »

Concerns relating to employee fraud and other forms of malpractice were acknowledged as being legitimate.

»

legitimate complaints/questions/reasons

legitimately adverb
»

Manufacturers legitimately argued that the ingredients of their products are subject to commercial confidentiality.


Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • legitimate — le·git·i·mate 1 /lə ji tə mət/ adj [Medieval Latin legitimatus, past participle of legitimare to give legal status to, from Latin legitimus legally sanctioned, from leg , lex law] 1: conceived or born of parents lawfully married to each other or… …   Law dictionary

  • Legitimate — Le*git i*mate ( m[asl]t), a. [LL. legitimatus, p. p. of legitimare to legitimate, fr. L. legitimus legitimate. See {Legal}.] 1. Accordant with law or with established legal forms and requirements; lawful; as, legitimate government; legitimate… …   The Collaborative International Dictionary of English

  • Legitimate — Le*git i*mate ( m[=a]t), v. t. [imp. & p. p. {Legitimated} ( m[=a] t[e^]d); p. pr. & vb. n. {Legitimating} ( m[=a] t[i^]ng).] To make legitimate, lawful, or valid; esp., to put in the position or state of a legitimate person before the law, by… …   The Collaborative International Dictionary of English

  • legitimate — [lə jit′əmət; ] for v. [, lə jit′əmāt΄] adj. [ML legitimatus, pp. of legitimare, to make lawful < L legitimus, lawful < lex: see LEGAL] 1. conceived or born of parents legally married to each other 2. a) sanctioned by law or custom; lawful… …   English World dictionary

  • legitimate — ► ADJECTIVE 1) conforming to the law or to rules. 2) able to be defended with logic or justification: a legitimate excuse. 3) (of a child) born of parents lawfully married to each other. 4) (of a sovereign) having a title based on strict… …   English terms dictionary

  • legitimate — legal, *lawful, licit Analogous words: justified or justifiable, warranted or warrantable (see corresponding verbs at JUSTIFY): *valid, sound, cogent: recognized, acknowledged (see ACKNOWLEDGE): customary, *usual: * …   New Dictionary of Synonyms

  • legitimate — [adj] authentic, valid, legal accepted, accredited, acknowledged, admissible, appropriate, authorized, canonical, certain, cogent, consistent, correct, customary, fair, genuine, innocent, just, justifiable, lawful, licit, logical, natural, normal …   New thesaurus

  • legitimate — I. adjective Etymology: Middle English legitimat, from Medieval Latin legitimatus, past participle of legitimare to legitimate, from Latin legitimus legitimate, from leg , lex law Date: 15th century 1. a. lawfully begotten; specifically born in… …   New Collegiate Dictionary

  • legitimate — legal, lawful, legitimate, licit 1. All four words share the basic meaning ‘conforming to the law’. Something is legal when it is authorized by the law of the land, legitimate when it conforms to custom or common justice, and lawful (a more old… …   Modern English usage

  • legitimate — legitimately, adv. legitimateness, n. legitimation, n. adj., n. /li jit euh mit/; v. /li jit euh mayt /, adj., v., legitimated, legitimating, n. adj. 1. according to law; lawful: the property s legitimate owner …   Universalium