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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Qualified Purchaser

Definition:

Basically, a qualified purchaser is just a super rich person.

No, seriously... they're super rich.

We're talking a sophisticated investor (not a bumbling retail investor) who has at least $5 million in investments, or a family-owned business or trust with at least $5 million in investments, or a corporation that invests for others with at least $25 million.

Since they have so much cash, these folks don't have to meet as many rules because the government thinks they need less protecting (i.e., they know what they're doing).