Words / T / Law

tippee

noun/tɪˈpiː/

C2CEFR level
93/100Rarity: very rare
TechnicalRegister

A person who receives material nonpublic information from an insider and trades or passes it on.

As a remote tippee, he still needed to know the insider had breached a duty for a personal benefit.

Similar: downstream recipient

Topic: Banking & finance law in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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