Implied Contract Terms
What are 'Implied Contract Terms' Implied contract terms are items that a court will assume are intended to be included in a...
Immediate Or Cancel Order (IOC)
What is an 'Immediate Or Cancel Order - IOC' An immediate or cancel order (IOC) is an order to buy or sell...
Implied Call
What is an implied call and how can you use it in your trading strategy An implied call is a situation in which the underlying...
Idiosyncratic Risk
What is 'Idiosyncratic Risk' Idiosyncratic risk, also referred to as unsystematic risk, is the risk that is endemic to a particular asset such as a...
Impaired Capital
What is 'Impaired Capital' 1. When a bank's actual assets are worth less than their stated value. When a bank has impaired...
Implied Authority
What is implied authority and how can it help your business Implied authority is a legal concept that applies to businesses and other organizations. It...
Illiquid Option
What is 'Illiquid Option' An option contract that cannot be sold for cash quickly at the prevailing market price. Illiquid options have...
Incentive Trust
DefinitionIn American estate planning parlance, an incentive trust is a trust designed to encourage or discourage certain behaviors by using distributions of trust income...