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 a person or company, including a portfolio adviser, that appoints a custodian to hold securities on his, her or its behalf;

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.

  • Institutional Client strategies focus on publicly-traded equity and government debt securities.

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

  • Fees for one Institutional Client may differ from the fees charged to other Institutional Clients in the same strategy.B. Describe whether you deduct fees from clients’ assets or bill clients for fees incurred.


More Definitions of Institutional Client

Institutional Client means Legal Person (for example, companies, government entities, non-profit organizations, endowment funds, etc.);
Institutional Client means such client which is a firm, company, trust or association.
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
Institutional Client means any of the following:
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;