The New York Stock Exchange started out as a coffee house.
authenticity, genuineness, legitimacy
(noun) undisputed credibility
legitimacy
(noun) lawfulness by virtue of being authorized or in accordance with law
Source: WordNet® 3.1
legitimacy (countable and uncountable, plural legitimacies)
The quality of being legitimate or valid; validity.
Lawfulness of birth or origin; directness of descent as affecting the royal succession.
• legitimateness (much less common)
• illegitimacy
Source: Wiktionary
Le*git"i*ma*cy, n. Etym: [See Legitimate, a.]
Definition: The state, or quality, of being legitimate, or in conformity with law; hence, the condition of having been lawfully begotten, or born in wedlock. The doctrine of Divine Right, which has now come back to us, like a thief from transportation, under the alias of Legitimacy. Macaulay.
Source: Webster’s Unabridged Dictionary 1913 Edition
15 January 2025
(verb) have rightfully; of rights, titles, and offices; “She bears the title of Duchess”; “He held the governorship for almost a decade”
The New York Stock Exchange started out as a coffee house.