A large organization, such as a bank, pension fund, labor union, or insurance company, that makes substantial investments on the stock exchange.
- They will initially be offered to institutional investors such as banks, pension funds, and insurance holdings.
- Banks and institutional investors are showing a healthy appetite for financing these deals.
- The local securities market was still very illiquid and risky for pension funds and other institutional investors.
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Syllabification: in·sti·tu·tion·al in·ves·tor
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