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Which part of the visible spectrum does not get absorbed by water efficiently, thereby making it the color that can penetrate the deepest?
Inside Information
Material, nonpublic, factual data that can be used to buy or sell securities at a profit.
Nonpublic
Information or entities not available or accessible to the general public, often pertaining to private or confidential matters.
Business Judgment Rule
A legal principle that protects corporate directors and officers from liability for decisions made in good faith and believed to be in the best interest of the company.
Duty of Due Diligence
An obligation to conduct a comprehensive appraisal of a business or individual prior to signing a contract, to avoid harm.
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