insider n. An officer of a corporation or others who have access to private information about the corporation's operations, especially information relating to profitability. Note: An insider is forbidden by U. S. securities laws to trade stock in publicly owned corporations based on the private information. The definition of insider for the purpose of securities law has changed in the late 29th century to become more inclusive, whereas it initially was applied only to officers of a corporation.
... startlingly large enlargement of an old daguerreotype of Letitia Hastings at twenty-four—the year after her marriage and the year before the birth of the oldest child, Robert, called Dock, now piling up a fortune as an insider in the Chicago "brave" game of wheat and pork, which it is absurd to call gambling because gambling involves chance. To smoke the one cigar the doctor allowed him, old Martin Hastings always seated himself before ... — The Conflict • David Graham Phillips Read full book for free!