Hospitals, schools, and religious organizations are examples of institutional buyers. This is further explained below.
Institutional Buyers?
When it comes to securities purchases, a qualified institutional buyer (QIB) is one who is legally recognized by securities regulators as requiring less protection from issuers than the majority of ordinary investors.
What are religious organizations?
Generally, Religious organizations are registered or unregistered, nonprofit, voluntary enterprises whose identity and purpose are drawn from a religious or spiritual tradition.
In conclusion, Institutional purchasers include entities such as hospitals, educational institutions, and religious groups.
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