Insider Information (Noun)
Meaning
Important information about the plans or condition of a corporation that has not been released to the public; use for personal profit is illegal.
Classification
Nouns denoting communicative processes and contents.
Examples
- The former executive was accused of using insider information to buy stocks before the company's merger was publicly announced.
- He was friends with an employee who gave him insider information about the upcoming product launch, but he knew better than to use it for personal gain.
- Insider information about corporate decisions can be valuable on the stock market, but using it for trade can lead to serious consequences.
- A few months before the company went bankrupt, several top executives sold their shares, sparking rumors that they had access to insider information.
- A whistleblower revealed that a group of investors had been using insider information to influence their investments in the company.