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An unambiguously wrong, disruptive and often deliberately committed act for which there is not yet a specific law making that act expressly illegal. (See Extralegal) Financial and white collar crimes, such as offshore banking, misrepresenting the value of investments and temporarily selling 'junk' assets to create cashflow are prime examples of "a"legal activities. Alegality is a corollary of the distinction between amoral and imoral reasoning as applied to legality.
Broker#1: We're putting together a portfolio of failing investments so we can sell it investors then short against it and make a killing.
Broker#2: Isn't that illegal?
Broker#1: Nope, just alegal... Now lets get some lattes.
Alegal by N8553J April 20, 2010
Related Words

Alegandra 

Very humble and outspoken. Don’t mistake their kindness for weakness, their a hurricane waiting to hit land. Can be very overprotective and not give a single fuck no in between. If their quite more then likely their observing the room to see if they even wanna be there
Don’t get on Alegandra’s bad side
Alegandra by LavishLibra November 23, 2021
Aligaf 😴

Wow so cool ALIGAF
ALIGAF by Dan0987654321 April 30, 2015
A Aleafa Is a beautiful young women with lovely brown eyes she is usually tall and is a very thick like figure she is usually judge before you get to know her but once you do you’ll regret ever judging this beauty that she has from the inside and out she usually smiling almost 98.9% of the time has a nice amount of friends that love and cares for her dearly Aleafa
“ Omg Aleafa Is Actually Nice.”
“Are Those Contacts In Aleafa’s Eyes
aleafa by Cheryldavis May 14, 2018

alexafied 

When your roommate gets mad at you for stealing a rooster fan at her company party
She got alexafied at that company party when he took that rooster fan
alexafied by Alexafied May 15, 2023

Alegandro 

"Oh man, why is that alegandro so goood."
Alegandro by coolade111 October 31, 2017