Insured bondAn insured bond is a municipal bond whose interest and principal payments are guaranteed by a triple-A rated bond insurer.
Insured DepositsDeposits held in financial institutions that are guaranteed by the Federal Deposit Insurance Corporation (FDIC) against loss due to bank failure.
Insured mortgageA mortgage insured against loss to the mortgagee (lender) in the event of default. May be insured by FHA, VA, FmHA, or by a private insurance company.
Insured SharesDeposits held in federal and most state chartered credit unions that are guaranteed by the National Credit Union Share Insurance Fund (NCUSIF) against…
Integrated pension planIn an integrated pension plan, your employer counts part of your Social Security benefit in the defined benefit pension you're entitled to and takes that…
InterestThe term interest is used to describe the cost of using money, a right, share, or title in property.
Interest Accrual RateThe percentage rate at which interest accumulates or increases on a mortgage loan.
Interest and miscellaneous paymentsConsist of interest paid by domestic private enterprises and rents and royalties paid by private enterprises to government.
Interest and miscellaneous receiptsIncludes rents and royalties received by government from private enterprises, including both monetary and imputed interest receipts.
Interest rateThe amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time.
Interest Rate (High/Low)The percentage of interest paid for money in the deposit accounts, without regard to compounding, shown as an annual figure.
Interest Rate CapFor an adjustable-rate mortgage, a limitation on the amount the interest rate can change per adjustment or over the lifetime of the loan, as stated in the…
Interest Rate CeilingFor an adjustable-rate mortgage (ARM), the maximum interest rate, as specified in the mortgage note.
Interest Rate FloorFor an adjustable-rate mortgage (ARM), the minimum interest rate, as specified in the mortgage note.
Interest Rate IndexA table of yields or interest rates being paid on debt that is used to determine interest-rate changes for adjustable-rate mortgages and other…
Interest Rate RiskInterest-rate risk describes the impact that a change in current interest rates is likely to have on the value of your investment portfolio.
Interest Rate SwapA transaction between two parties where each agrees to exchange payments tied to different interest rates for a specified period of time, generally based…
Interest-free periodThe number of days you have to pay your bill in full before an interest charge is assessed on purchases.
Interest-only loanA loan in which interest is payable at regular intervals until loan maturity (when the full loan balance is due.
Interest-Only MortgageWith an interest-only mortgage loan, you pay only the interest portion of each scheduled payment for a fixed term, often five to seven years.
Interested partyInterested party means a person or entity who or which may be affected by the actions of an H-1B employer or by the outcome of a particular investigation…
Interim loanTemporary financing, usually for construction; not a mortgage.
Intermediate inputsGoods and services that are used in the production process of other goods and services and are not sold in final-demand markets.
Intermediate purchasesPurchases of intermediate inputs made by industries or government. Related terms: Final use(s), Input-output (I-O) accounts.
Intermediate Service Provider (ISP)Assists in processing tax return information between the ERO (or the taxpayer, in the case of online filing) and the Transmitter.
Intermediate Term MortgageA mortgage loan with a contractual maturity from the time of purchase equal to or less than 20 years.
Intermediate-term bondIntermediate-term bonds mature in two to ten years from the date of issue. Typically, the interest on these bonds is greater than that on short-term bonds…
InternalizationInternalization occurs when a securities trade is executed within a brokerage firm rather than though an exchange.
International Business Corporation (IBC)The term international business corporation or IBC refers to a corporation formed in an offshore financial secrecy jurisdiction which is afforded certain…
International fundA mutual fund that invests in securities from a number of countries.
International Monetary Fund (IMF)The IMF was set up as a result of the United Nations Bretton Woods Agreement of 1944 to help stabilize world currencies, lower trade barriers, and help…
IntestateA person who dies without a will is said to have died intestate. In this case, the probate court in the person's home state - sometimes known as…
Intra-firm trade in servicesReceipts and payments between U.S. affiliates and their foreign parents, and between U.S.
intrinsic valueA company's intrinsic value, or underlying value, is used to calculate its projected worth.
Introducing broker (IB)An introducing broker (IB) is a person or firm that takes orders to buy or sell futures contracts from clients and passes those orders to a futures…
Introductory APRThe APR charged during the credit card's introductory period after a credit card account is opened.
Inventory valuation adjustment (IVA)An adjustment made in the national income and product accounts (NIPAs) to corporate profits and to proprietors' income in order to remove inventory…
investment adviserAny person who, for compensation, engages in the business of advising others, either directly or through publications or writings, as to the value of…
investment adviser agentAn investment adviser agent includes any individual employed, appointed or authorized by an investment adviser 1) to solicit business on a compensated…
Investment bankAn investment bank is a financial institution that helps companies take new bond or stock issues to market, usually acting as the intermediary between the…
Investment ClubIndividual investors often join together, either formally or informally, to form investment clubs.
Investment CompanyA corporation or trust whose primary purpose is to invest the funds of its shareholders.
investment fundA term generally interchangeable with "mutual fund."
Investment gradeWhen a bond is rated investment grade, its issuer is considered able to meet its obligations, exposing bondholders to minimal default risk.
Investment horizonYour investment horizon is the point in time when you hope to achieve a particular investment goal.
Investment IncomeThe equity dividends, bond interest, and/or cash interest paid on an investment.
Investment objectiveAn investment objective is a financial goal that helps determine the type of investments you make.
Investment Propertya property not considered to be a primary residence that is purchased in order to generate income, profit from appreciation, or to take advantage of…
Investment trustSame or similar to "Real Estate Investment Trust." See also "Real Estate Investment Trust."
InvestorAny person or institution that invests in mortgages or mortgage-backed securities.
IonicOne of the five classical orders, characterized by capitals with spiral elements called “volutes,” a fasciated entablature, continuous frieze, dentils…
IRA rolloverIf you move assets from an existing individual retirement account (IRA) or an employer sponsored retirement plan to an IRA, you've completed an IRA…
IRC Section 401(a)Tax code section authorizing a qualified retirement plan to be operated and supported by an employer and to provide retirement benefits.
Irrevocable trustAn irrevocable trust is a legal agreement whose terms cannot be changed by the creator or grantor who establishes the trust without the consent of the…
IRS e-fileRefers to the preparation and transmission of tax return information to the IRS using telephone lines or a computer with a modem or Internet access.
IssueWhen a corporation offers a stock or bond for sale, or a government offers a bond, the security is known as an issue, and the company or government is the…
issuerIssuer means any person who issues or proposes to issue any security. Corporations, for example, may issue stock to the public, limited partnerships may…