approved list

Approved list

A list of equities and other investments that a financial institution or mutual fund is allowed to invest in. See: Legal list.

Approved List

A list of companies and other investments in which certain organizations like state-chartered banks, insurance companies, and pensions are allowed to invest. The components of approved lists vary from state to state, but most approved lists contain low-risk, low-return investments designed to maintain the organizations' sustainability and protect the principal placed in them. An approved list is also called a legal list.

approved list

See legal list.