Insider
/ˈɪnˌsaɪdər/
Definitions
- (n.) A person with access to nonpublic, material information about a company or organization, often subject to legal restrictions against trading on that information.
The insider traded company stock after learning about the upcoming merger.
- (n.) A member of an organization's management or staff who, by virtue of position, may possess confidential information.
Insiders often have knowledge that external investors lack.
Forms
- insider
Related terms
See also
Commentary
In legal contexts, 'insider' typically connotes privilege and responsibility tied to confidential information, especially in securities regulation. Drafting should clarify the nature of information access and legal duties involved.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.