Institutional Client Definition: 256 Samples | Law Insider (2024)

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;

Examples of Institutional Client in a sentence

  • The Committee is co-chaired by Matthieu Grouès, Head of Institutional Client Strategies, and Paul Castello, Managing Director.

  • 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.

  • Institutional Clients Dearborn receives compensation for managing Institutional Client accounts by asset-based management fees at the rate agreed to in written advisory contracts.

  • Cole, Dielectric Relaxation in Glycerol, Propylene Glycol, and n‐Propanol, J.


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

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 a person who makes transactions with a

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

means a person who makes transactions with a securities company in securities brokerage or securities dealing, as follows:

Institutional Client Definition: 256 Samples | Law Insider (2024)

FAQs

What is considered an institutional client? ›

Institutional Client means Legal Person (for example, companies, government entities, non-profit organizations, endowment funds, etc.

What is the definition of a client in a contract? ›

What does Client mean? The person(s) on whose behalf the firm is providing a service. In terms of conduct, duties are owed to clients of the firm and this may sometimes include former and prospective clients. A client is not necessarily the same person as the individual paying for the legal services.

What is the difference between institutional client and corporate client? ›

Institutional banking is the banking that banks do with banks, and includes those other large nontraditional lenders such as insurance companies and the Federal Reserve and GNMA, FNMA, etc. People in this division of a bank never see traditional customers (corporations or individuals).

What is the difference between retail client and institutional client? ›

A retail investor is an individual or nonprofessional investor who buys and sells securities through brokerage firms or retirement accounts like 401(k)s. Institutional investors do not use their own money—they invest the money of others on their behalf.

What is the legal definition of a client? ›

Definition & Citations:

A person who employs or retains an attorney, or counsellor, to appear for him in courts, advise, assist, and defend him in legal proceedings, and to act for him in any legal business.

What defines client for lawyer? ›

A client may be an entity, an individual, or a group of entities or individuals. The attorney's representation of the client is often equally complex, and numerous considerations govern an effective representation. In all cases, the lawyer's duty is to his or her client.

What is the best definition of client? ›

1. a person or group that uses the professional advice or services of a lawyer, accountant, advertising agency, architect, etc. 2. a person who is receiving the benefits, services, etc., of a social welfare agency, a government bureau, etc.

What are examples of institutional consumers? ›

Institutional consumer means the institutional consumer like transportation, Airways, Railways, Hotels, Hospitals or any other service institutions who buy packaged commodities directly from the manufacturer for use by that institution.

What is an example of an institutional buyer? ›

The range of entities considered qualified institutional buyers include: investment banks and companies. commercial banks and savings and loans. insurance companies.

What is an example of an institutional account? ›

Institutional account holders generally include mutual funds, insurance companies, pension plans, and government organizations.

Is an insurance company an institutional client? ›

Institutional investors are generally subject to stricter regulations according to their respective fields of operation. There are seven (7) categories of institutional investors: corporations, mutual funds, securities companies, insurance companies, pension funds, financial institutions and foundations.

References

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