Invoice Price Price payable by the futures contract buyer to the seller on delivery of a Treasury bond. … [Read more...]
Involuntary Cash-Out
Involuntary Cash-Out Disbursal of the balance remaining in the retirement account of a participant of a qualified plan without first getting his/ her written consent or that of beneficiaries to the plan. … [Read more...]
In-House Processing Float
In-House Processing Float The time taken from the receipt of a check by an individual or entity, until it is deposited into a bank after due processing of the payment. … [Read more...]
In-Substance Defeasance
In-Substance Defeasance A method of defeasance where debt is not cancelled but it is no longer shown in the balance sheet. … [Read more...]
In the Box
In the Box The acknowledgement of delivery of securities received by a dealer. He gets a wire receipt showing the delivery status. … [Read more...]
Involuntary Liquidation Preference
Involuntary Liquidation Preference Premium payable to preference stockholders when the issuer of the stock or firm faces involuntary liquidation by force. … [Read more...]
IRA/Keogh Accounts
IRA/Keogh Accounts Saving and investment accounts of special nature where taxes are deferred until actual withdrawal of funds. These plans may be modified with respect to the tax deductibility of contributions made to them. At withdrawal, the tax deferred contribution is taxed as … [Read more...]
IRA Rollover
IRA Rollover Transfer of funds into Traditional IRA or a Roth IRA from retirement accounts. Carried out through direct transfer or by a check issued by account custodian in favor of the retiree. … [Read more...]
Irrational Call Option
Irrational Call Option The potential for a call incorporated in a MBS. Called irrational call as it may be left unexercised when interest rates are lower than the refinance threshold. Exercised at times even when unviable, in situations where the property is sold off for various … [Read more...]
Irrelevance Result
Irrelevance Result Theorem of Modigliani and Miller stating that the firm's capital structure has no relevance to the value of the firm. … [Read more...]
ISDA
ISDA Stands for International Swap Dealers Association. Established in 1985 with the aim of promoting consistent practices in trading, writing and settlement of derivatives like swaps. … [Read more...]
ISMA
ISMA Stands for International Security Market Association. A Swiss law association based in Zurich that reclassifies the participants in the primary and secondary markets in Eurobond. Consistent trading practices in international bond markets are ensured by ISMA. … [Read more...]
Isoquant Curve
Isoquant Curve Graphical representation of all possible combinations of inputs that give the desired output. A tool used in microeconomics to evaluate the impact that inputs have on the production or output levels possible. … [Read more...]
Issuer
Issuer The individual or entity from whom/ where the financial asset issues. … [Read more...]
J-Curve
J-Curve Theory stating that the trade deficit of a country will first worsen following a depreciation of its currency as higher prices on overseas imports will more than balance out (in the short term) the smaller volume of imports. … [Read more...]
J-Curve Effect
J-Curve Effect Graphical representation of a trend where the curve moves downward to begin with and then rises to a level higher than originating point. J curve effect is witnessed when an initial loss is succeeded by a significant gain. … [Read more...]
Jensen Index
Jensen Index - Represents the "alpha" of the investment manager or the investment. - Index using the CAP (capital asset pricing) model to assess if a money manager has performed better than a market index. … [Read more...]
Joint Account
Joint Account A formal understanding between two firms or more for risk sharing as well as sharing financing responsibility when securities are purchased or underwritten. … [Read more...]