Examlex
In order to classify cash as a current asset,it must be free from any restrictions that would prevent its deposit or use to pay creditors classified as long-term.
Private Placement
The sale of securities to a relatively small number of select investors as a way of raising capital.
Sophisticated Investor
An investor with significant experience, assets, and knowledge, capable of making well-informed financial decisions and understanding risks.
Accredited Investor
An individual or entity recognized as having the financial sophistication and capacity to bear the risk of investment opportunities that demand less regulatory disclosure.
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