qualified institutional investor(redirected from Qualified Institutional Buyers)
Qualified Institutional Investor
An institutional investor allowed to privately place securities with other institutional investors without registering the trade with the SEC. This requires that the private placement be for investment purposes and not for resale to the general public; it also requires that the institutional investors have at least $100 million dollars under management. It is also known as a Qualified Institutional Buyer (QIB). See also: Private placement memorandum, Rule 144A.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
qualified institutional investor
An institutional investor that is permitted by the Securities and Exchange Commission to trade private placement securities without registering the securities with the SEC.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.