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Immediate Family

What is an 'Immediate Family' Immediate family members usually include a person’s parents, spouse, children and siblings. A person’s grandparents, grandchildren, in-laws...

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...

In The Tank

What is 'In The Tank' A slang term referring to very poor performance, as in that of a security, sector or market....
immediate beneficiary

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...

In-House Financing

What is 'In-House Financing' In-house financing is a type of seller financing in which a firm extends customers a loan, allowing them...

Narrow Money

DefinitionIn economics, broad money is a term denoting a certain measure of the amount of money in a national economy, and it is used...
National Income Accounting

National Income Accounting

What is National Income Accounting National income accounting is used to track a country's economic activity and growth. It measures the total value of all...

National Stock Exchange

What is 'National Stock Exchange' The first stock exchange in America that was completely electronically automated. All members of the exchange are...

Oliver E. Williamson

DefinitionOliver Eaton Williamson is an American economist, a professor at the University of California, Berkeley, and recipient of the 2009 Nobel Memorial Prize in...

Off-Premise Banking

What is 'Off-Premise Banking' Any bank location other than its main location that provides banking services of any kind that don't require...

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