Credentials, reputation, or qualifications recognized by other individuals or organizations. Institutionalized cultural capital is similar to objectified cultural capital in that it symbolizes the class and status of the agent that possesses it, but it comes with the official recognition conferred typically by an official body that solidifies the legitimacy of an agent's claim to a certain status that objectified cultural capital does not. For example, a degree from an Ivy League institution is considered a more legitimate marker of one’s class than simply owning an expensive piece of art.