Quartile
A quartile is a statistical term that divides a data set into four equal parts, each representing 25% of the data points, and is often used in finance to evaluate and compare investment performance.
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Related Terms
View all termsQualified Client
A qualified client is an investor who meets specific financial criteria set by the Securities and Exchange Commission (SEC) to invest in certain private investment vehicles, such as hedge funds.
Qualified Purchaser
A Qualified Purchaser is an individual or entity with substantial investments, typically $5 million for individuals or $25 million for entities, allowing them to access exclusive private placements not registered with the SEC.
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