nonaccredited
- adjective
- /ˌnɒnəˈkrɛdɪtɪd/
- Specialized
- In the world of finance, nonaccredited investors often face restrictions when trying to access certain investment opportunities.
- nonaccredited investor
Examples
-
Further, Rules 505 and 506 permit a maximum of thirty-five nonaccredited investors, with 506 adding on the additional requirement from § 4(2) that the nonaccredited investors be sophisticated.
Academic text (2017) -
Further, Rules 505 and 506 permit a maximum of thirty-five nonaccredited investors, with 506 adding on the additional requirement from § 4(2) that the nonaccredited investors be sophisticated.
Academic text (2017) -
Neither § 4(a)(6) nor the rules implementing the crowdfunding exemption distinguish between accredited and nonaccredited investors.
Academic text (2017) -
As a nonaccredited investor, she was unable to participate in the private equity offering.
-
Before investing, nonaccredited investors typically need to provide more information to the investment firms.
Synonyms
Not recorded by an official body
Not officially approved by a government or other official body
Not approved by an official group that checks safety or quality
Not officially allowed by the government to sell goods or drive a vehicle
Not on an official list
Antonyms
How Accredited
- Formal
- Specialized
Surface Forms
Morphology
nonaccredited = accredited (transparent) = non + accredit + ed
The legal sense is a direct negation of 'accredited' by 'non-', so the formation is regular and literal.
Etymology
Nonaccredited comes from non- 'not' and accredit, from the same root as credit meaning 'trust'. So a nonaccredited investor is someone who does not have the official trust or status for certain private investments, and that is why they are not allowed to take part in those deals.