What is the Definition of Private Placement?

What is the Definition of Private Placement?

Securities that are not registered with the Securities and Exchange Commission and are sold directly to investors.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Private Placement?

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Coverage providing increased cost to a covered loss resulting from an ordinance or law.


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