Qualified institutional buyer

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A “QIB” is a company that manages a minimum investment of $100 million in securities on a discretionary basis or is a registered broker-dealer with at least a $10 million investment in non-affiliated securities, and can therefore buy Rule 144A private placements.

FWMD

Also, a type percussive stick grenade that saw action in the Battle of Bretton Woods, and also features in the Opco Boone adventure, SIV Endgame