Definition of insider
: a person recognized or accepted as a member of a group, category, or organization: such asa : a person who is in a position of power or has access to confidential informationb : a person (such as an officer or director) who is in a position to have special knowledge of the affairs of or to influence the decisions of a company
Examples of insider in a Sentence
Political insiders say that she is planning to run for president.
The book gives fans an insider's view of Hollywood.
Recent Examples of insider from the Web
Insiders close to the project indicate that while no one is attached or has read for a part yet, Tarantino is expected to court A-list talent.
Business Insider reports the kiosks are also available in Arizona, Oklahoma, Georgia and Virginia.
Another source of computer identity theft is former employees hacking into the networks and computers of former employers using insider knowledge or password accounts that were never canceled.
Names were gathered in an open call in January from readers, local editors, previous honorees and industry insiders.
The Diddy Laugh isn’t as notorious as the Wilhelm Scream, a sound that’s become something of an insider nod.
Political insiders believe the Senate race this summer will be decided in the Republican primary, scheduled for Aug. 15 with a runoff on Sept. 28, if needed.
Major prospective buyers have dropped out of the bidding for warehouse operator Global Logistic Properties Ltd. out of concerns over an insider bid.
His daughter Madison is the apple of her father’s eye, enjoying insider status.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'insider.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of insider
Financial Definition of INSIDER
What It Is
An insider is an employee, director or any other person who is privy to confidential, nonpublic information about a company.
How It Works
Given their position, managers and executives within a company are privy to information about a company's operations that is not available to the investing public. The news and details of an upcoming merger or special dividend that have not yet been announced are two examples of insider information. Once information has been made public by the company, it is no longer considered "insider" information.
Why It Matters
Individuals with access to insider information have an unfair advantage in the market. Using this information to base a trade is an illegal practice known as "insider trading."
It is also illegal for a person with insider information to pass it to a third party so that they may use the information to profit.
INSIDER Defined for English Language Learners
Definition of insider for English Language Learners
: a person who belongs to a group or organization and has special knowledge about it
INSIDER Defined for Kids
Definition of insider for Students
: a member of a group or organization who has information about it
Legal Definition of insider
: a person who is in a position of power or has access to confidential information: as a : one (as an officer, director, employee, relative, or owner of more than 10% of the corporation's stock) who is in a position to have special knowledge of the affairs of or to influence the decisions of a company b : an individual (as a relative or an influential party) or entity (as a corporate affiliate) having a close relationship with a debtor such that transactions are not made at arm's length and are subject to closer scrutiny than the transactions of those dealing at arm's length
Seen and Heard
What made you want to look up insider? Please tell us where you read or heard it (including the quote, if possible).