Imbalance of Orders
What is 'Imbalance of Orders' A situation when too many orders of a particular type - either buy, sell or limit - for listed securities and not enough of the other, matching orders are received by an exchange. Also referred to as "order imbalance". Explaining 'Imbalance of Orders' Shares experiencing an imbalance of orders...
Idle Time
What is 'Idle Time' Idle time is unproductive time on the part of employees or machines as a result of factors beyond their control. Idle time is the time associated with waiting, or when a piece of machinery is not being used but could be. Idle time could also be associated with computing, and in that case...
In The Penalty Box
What is 'In The Penalty Box' A phrase referring to a company whose stock has plummeted with no rebound in sight. A company in the penalty box is often one that has received some bad news, ensuring the future lethargy of its stock. An example of this is a drug company with a key drug that doesn't...
Incentive Fee
Definition of an Incentive Fee An incentive fee, also known as a performance fee, is a fee which a client fund may be charged by the investment manager that manages its assets. The cost of performance fee may be calculated many ways and will be dependent upon the contract made with the client. With respect to a separate account, it...
Implementation Lag
What is 'Implementation Lag' The amount of time that elapses between the time that a macroeconomic shock or other unfavorable circumstance is recognized by central banks and the government and the time that remedial action is implemented. The reaction lag may be either short or lengthy, depending on whether policymakers have a clear course of action in mind or must...
In And Out
DefinitionIn & Out is a 1997 American romantic comedy film directed by Frank Oz and starring Kevin Kline, Tom Selleck, Joan Cusack, Matt Dillon, Debbie Reynolds, Shalom Harlow, and Wilford Brimley. It is an original story by screenwriter Paul Rudnick. Joan Cusack was nominated for an Academy Award for Best Supporting Actress for her performance. In And Out ...
Implementation Shortfall
DefinitionIn financial markets, implementation shortfall is the difference between the decision price and the final execution price for a trade. This is also known as the "slippage". Agency trading is largely concerned with minimizing implementation shortfall and finding liquidity. Implementation Shortfall What is 'Implementation Shortfall' In trading terms, the difference between the prevailing price or value when...
Impact Fee
DefinitionAn impact fee is a fee that is imposed by a local government within the United States on a new or proposed development project to pay for all or a portion of the costs of providing public services to the new development. Impact fees are considered to be a charge on new development to help fund and pay for...
Illegal Dividend
Illegal dividends are a serious issue for companies and their shareholders. This type of dividend is one that is paid out illegally, and can have serious consequences. In this article, we'll discuss what an illegal dividend is, how to recognize it, and the consequences of issuing one. We'll also provide tips on how to prevent your company from issuing...
Immediate Payment Annuity
What is an 'Immediate Payment Annuity' An immediate payment annuity is an annuity contract that is purchased with a single lump-sum payment and in exchange, pays a guaranteed income that starts almost immediately. An immediate payment annuity is especially suitable for retirees who are concerned about outliving their savings. However, one disadvantage is that an immediate payment...