Imputed Value
What is imputed value and why is it important When discussing property valuation, the term "imputed value" refers to the value that is assigned to a property based on its potential use. This value is typically calculated by appraisers or assessors and is used to help determine the amount of taxes that a property owner will owe. In some cases,...
Immediate Beneficiary
What is an immediate beneficiary An immediate beneficiary is a person or entity who receives benefits from a trust or other financial arrangement immediately, as opposed to at a later time. The term can refer to any individual or organization that receives immediate benefits from a trust's assets, not just charities. For example, the beneficiaries of a trust might include...
Implied Warranty
DefinitionIn common law jurisdictions, an implied warranty is a contract law term for certain assurances that are presumed to be made in the sale of products or real property, due to the circumstances of the sale. These assurances are characterized as warranties irrespective of whether the seller has expressly promised them orally or in writing. They include an implied...
Impact Day
What is 'Impact Day' The date on which a corporation makes a secondary offering of its shares available for sale to the public. Such a secondary offering increases the total number of outstanding shares, therefore, existing shareholders will own a smaller percentage of the company and earnings per share will decline. As a result of these changes,...
Identifiable Asset
What is an 'Identifiable Asset' An identifiable asset is an asset of an acquired company that can be assigned a fair value and can be reasonably expected to provide a benefit for the purchasing company in the future. Identifiable assets can be both tangible and intangible assets. Explaining 'Identifiable Asset' If an asset is...
Incentive Stock Options (ISOs)
What are incentive stock options (ISOs)? Incentive stock options (ISOs) are a type of employee stock option that offers certain tax advantages. ISOs are only available to employees, and they give the holder the right to purchase shares of company stock at a set price (known as the strike price). If the stock price increases, the holder can exercise their...
Icahn Lift
What is 'Icahn Lift' The name given to the rise in stock price that occurs when Carl Icahn begins to purchase shares in a company. The Icahn lift occurs because of Mr. Icahn's reputation for creating value for the shareholders of the companies in which he takes an interest. Explaining 'Icahn Lift' Carl Icahn...
Implied Volatility (IV)
What is implied volatility and why should you care about it When it comes to options trading, implied volatility is one of the most important concepts to understand. Simply put, implied volatility is a measure of the market's expectations for future stock price volatility. It is derived from the prices of options contracts, and it can have a major impact...
Identity Fraud Reimbursement Program
What is 'Identity Fraud Reimbursement Program' A financial product that offers reimbursment for the costs associated with having been a victim of identity theft. These costs may include getting affidavits notarized for police and financial institutions, postage for sending certified mail to police and financial institutions, lost earnings resulting from time spent recovering one's identity, and legal...
Inbound Cash Flow
What is 'Inbound Cash Flow' Any currency that a company or individual receives through conducting a transaction with another party. Inbound cash flow can include sales revenue generated through business operations, refunds received from suppliers, financing transactions and amounts won through legal proceedings. Explaining 'Inbound Cash Flow' Any positive cash additions to an entity's...