Examlex
Federal government expenditures in the United States comprise about _____ of total government expenditures.
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.
Securities
Tradable financial assets including stocks, bonds, and options, which represent an investment and a means for entities to raise capital.
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