Insider Information
/ˈɪnsaɪdər ˌɪnfərˈmeɪʃən/
Definitions
- (n.) Material, non-public information about a company or its securities that could influence an investor's decision to buy or sell.
Traders who possess insider information are prohibited from trading the company's stock until it is made public.
Forms
- insider information
- insider informations
Related terms
See also
Commentary
In legal drafting, insider information must be precisely defined to specify its materiality, confidentiality, and connection to securities to ensure clarity in securities law enforcement.
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.