first-class investments

first-class investments
Investments permissible for the employment of trust funds. Investments producing income consistent with safety of the principal. 54 Am J1st Trusts § 371. Investments which require little or no personal care or supervision in order to avoid loss. Sparks Mfg. Co. v Newton, 57 NJ Eq 367, 41 A 385.

Ballentine's law dictionary. . 1998.

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