Definition of Accredited Investor
An Accredited Investor is defined by Rule 501 of Regulation D to be an individual (i.e. non-corporate) who has individual net worth, or joint net worth with the person's spouse, that exceeds $1 million at the time of investment OR has income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year.
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For the complete definition of accredited investor, see the SEC definition of an accredited investor.
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