Insider Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Insider, written in plain English, along with examples of how it is used.

What is Insider?

It refers to the person who have the access to the private and confidential information about the company progress which the common public so not have an access to, in regards to future prospects, orders, managemets etc which may affect the value of the stocks of that company.Such person holding such position in the company or stock brokerage is considerd a breach of federal law as the information is supposed to be private and confidential.