Insider information(redirected from Material Insider Information)
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Material information about a company that has not yet been made public. It is illegal for holders of this information to make trades based on it, however received.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Relevant information on a company that has not been released to the public. For example, a person may have access to a company's financial state prior to its official announcement. It is a serious crime to make a trade based on insider information or even to divulge such information to another person without authorization.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved