Definition
Known also as multi-period immunization, immunity is a risk-mitigation approach in which the duration of assets and liabilities are matched in order to reduce the effect of interest rates on net worth as time progresses.
What is 'Immunization'
Immunization, sometimes known...
DefinitionIdentity theft is the deliberate use of someone else's identity, usually as a method to gain a financial advantage or obtain credit and other benefits in the other person's name, and perhaps to the other person's disadvantage or loss....
What is 'Inactive Bond Crowd' A group of exchange members who buys and sells bonds, that are infrequently traded. Limit orders placed by the inactive bond crowd, may take a longer period of time to fill, due...
What is 'Impulse Wave Pattern' A term used in the Elliott wave theory to describe the strong move in a stock's price coinciding with the main direction of the underlying trend. These impulse waves are shown in...
In order to build shareholder equity, firms carefully evaluate projects to decide which projects they should fund and which they shouldn’t. The project management team of a company seeks projects that can enhance shareholder’s value and avoid those that...
What is 'Incentive Distribution Rights - IDRs'
The general partner of a limited partnership receives an increasing proportion of the additional distributable cash flow generated by the partnership as a result of these provisions. This happens along with increases in...
What is an iceberg order and how does it work
An iceberg order is a type of trade that is designed to minimize market impact. It works by breaking up a large order into smaller chunks and releasing them into...
There are few careers as lucrative and prestigious as investment banking. But what exactly is investment banking, and how do you go about getting a job in this highly competitive field? In this article, we will explore the history,...
DefinitionImport substitution industrialization is a trade and economic policy which advocates replacing foreign imports with domestic production. ISI is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized...
What is 'In-House Financing' In-house financing is a type of seller financing in which a firm extends customers a loan, allowing them to purchase its goods or services. In-house financing eliminates the firm's reliance on the financial...