The sale of a bond or other security directly to a limited number of investors, for example, sale of stocks, bonds, or other investments directly to an institutional investor like an insurance company, avoiding the need for SEC registration if the securities are purchased for investment as opposed to resale.
Stocks, bonds or other investments sold directly to an institutional investor t are intended to be investments and not resold in the secondary market.
A securities offering that is not made available to the general public and is therefore exempt from certain Securities and Exchange Commission requirements. Investors in private placements are usually Qualified Institutional Buyers under Rule 144A
A debt issue that is negotiated with a single or a few investors as opposed to being offered to the general public.
The sale of unlisted securities directly to institutional investors, such as banks, mutual funds, insurance companies, pension funds, and foundations.
The act by underwriters of giving issued bonds directly to institutional investors rather than making them available to the general public.
The underwriting of a security and its sale to a few buyers, usually institutional, in large amounts. No formal prospectus is needed to be prepared in this instance as the buyers are considered to be sophisticated.