What is Accredited Investor?

Refers to an individual whose net worth, or joint net worth with aspouse, exceeds $1,000,000; or whose individual income exceeded $200,000 or whose joint income with aspouse exceeded $300,000 in each of the 2 most recent years and can be expected to meet that income in thecurrent year. More details of the definitions for investors other that individuals arefound in Regulation D of the Securities and Exchange Commission.