Non-Accredited Investor Definition
An individual who does not meet the Securities & Exchange Commission's requirements for an accredited investor. Accredited investors are organizations or individuals with large financial resources who need less protection. A non-accredited investor has a net worth of less than $1 million and earns an annual income of less than $200,000 ($300,000 with a spouse) in the last two years. No more than 35 non-accredited investors are allowed to invest money into a private placement.