Institutional Client definition

Institutional Client means a major commercial bank, corporation, insurance company, or substantially similar institution, which, as a substantial part of its business operations, purchases or sells securities and makes use of custodial services.
Institutional Client means a person whose principal business is the investment of money or who, in the course of and for the purpose of their business, habitually invests money, and in relation to purchases of its own Securities includes an Issuer;
Institutional Client means Legal Person (for example, companies, government entities, non-profit organizations, endowment funds, etc.);

Examples of Institutional Client in a sentence

  • For purposes of this Agreement, an "Institutional Client" shall mean a major commercial bank, corporation, insurance company, or substantially similar institution, which, as a substantial part of its business operations, purchases or sells securities and makes use of custodial services.

  • For purposes of this Agreement, an "Institutional Client" shall mean a major commercial bank, corporation, insurance company, pension fund or substantially similar institution, which, as a substantial part of its business operations, purchases or sells securities and makes use of custodial services.

  • For given tax parameters and a given critical proportion of evaders, some individuals will have λi such that they will be above f and some will be below f .

  • Ms. Wagner previously served as BlackRock’s Chief Operating Officer and Head of Corporate Strategy.• Mr. Mark McCombe - Mr. McCombe is global head of BlackRock’s Institutional Client Business and Chairman of BlackRock Alternative Investors.

  • These credit policies are applied across the firm’s Institutional Client Group (ICG) businesses.


More Definitions of Institutional Client

Institutional Client means a person or company, including a portfolio adviser, that appoints a custodian to hold securities on his, her or its behalf;
Institutional Client means any of the following: A( The Government of the Kingdom or any supranational authority recognised by the Authority.
Institutional Client means the following clients:
Institutional Client means a Client that falls under paragraphs (a) to (i) of the definition of "professional investor" in section 1 of Part 1 of Schedule 1 to the SFO.
Institutional Client meanss similarly to the definition ofinstitutional investor” under Section 3 of the Derivatives Act B.E. 2546 (2003) and any notifications issued by virtue of such Act;
Institutional Client means such client who is a firm, company, trust or association.
Institutional Client. – The term means any entity (corporation, partnership, LLC, or other non-natural person), including a living trust (any revocable or inter vivos trust) that has, or is controlled by a non-natural person that has as least (1) $10 million in investments, (2) $20 million in revenues, or (3) $15 million in revenues if the bank associate refers the client to the broker-dealer for investment banking services. Companies controlled by an institutional client are themselves considered institutional clients.