[lej-uh
nd] 
| 1. | a nonhistorical or unverifiable story handed down by tradition from earlier times and popularly accepted as historical. |
| 2. | the body of stories of this kind, esp. as they relate to a particular people, group, or clan: the winning of the West in American legend. |
| 3. | an inscription, esp. on a coat of arms, on a monument, under a picture, or the like. |
| 4. | a table on a map, chart, or the like, listing and explaining the symbols used. Compare key 1 (def. 8). |
| 5. | Numismatics. inscription (def. 8). |
| 6. | a collection of stories about an admirable person. |
| 7. | a person who is the center of such stories: She became a legend in her own lifetime. |
| 8. | Archaic. a story of the life of a saint, esp. one stressing the miraculous or unrecorded deeds of the saint. |
| 9. | Obsolete. a collection of such stories or stories like them. |
[in-skrip-shuhn] | 1. | something inscribed. |
| 2. | a historical, religious, or other record cut, impressed, painted, or written on stone, brick, metal, or other hard surface. |
| 3. | a brief, usually informal dedication, as of a book or a work of art. |
| 4. | a note, as a dedication, that is written and signed by hand in a book. |
| 5. | the act of inscribing. |
| 6. | Pharmacology. the part of a prescription indicating the drugs and the amounts to be mixed. |
| 7. | British.
|
| 8. | Also called legend. Numismatics. the lettering in the field of a coin, medal, etc. |
| leg·end (lěj'ənd) n.
[Middle English, from Old French legende, from Medieval Latin (lēctiō) legenda, (lesson) to be read, from Latin, feminine gerundive of legere, to read; see leg- in Indo-European roots.] Usage Note: Legend comes from the Latin adjective legenda, "for reading, to be read," which referred only to written stories, not to traditional stories transmitted orally from generation to generation. This restriction also applied to the English word legend when it was first used in the late 14th century in reference to written accounts of saints' lives, but ever since the 15th century legend has been used to refer to traditional stories as well. Today a legend can also be a person or achievement worthy of inspiring such a story—anyone or anything whose fame promises to be enduring, even if the renown is created more by the media than by oral tradition. Thus we speak of the legendary accomplishments of a major-league baseball star or the legendary voice of a famous opera singer. This usage is common journalistic hyperbole, and 55 percent of the Usage Panel accepts it. |
Legend
A notification placed on certain stock certificates describing the terms and conditions of sale and ownership.
Investopedia Commentary
The main purpose of a legend is to notify owners of the restrictions placed on certain stocks. Sometimes, however, the legend may not be included on the certificate, so there may be restrictions on some stocks that have no legends. Generally, these restrictions occur when the initial owner enters into a shareholder agreement.
Related Links
Uncovering Insider Trading
See also: Authorized Stock, Insider, Restricted Stock
inscription in·scrip·tion (ĭn-skrĭp'shən)
n.
The main part of a prescription, indicating the drug or drugs and the quantity of each to be used in the mixture.
