The definition "An investor is 'accredited,' for SEC purposes, if and only if he/she has a net worth of at least $1 million or an income of $200,000" is an example of:
A) An operational definition.
B) A lexical definition.
C) A financial definition.
D) A definition by genus and difference.
E) A precising definition.

Question

Quizplus · Accepted Answer

This definition narrows down the broad concept of an "investor" to a specific group based on precise criteria (net worth or income), making it a precising definition.

The Definition "An Investor Is 'Accredited,' for SEC Purposes, If