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Category: I

Implied Authority

Definition Implied authority refers to the powers and actions an agent or representative can carry out on behalf of a principal, without express permission, but

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Implied Contract

Definition An implied contract is an agreement that exists based on the actions, behavior, or circumstances of the involved parties, rather than through explicitly written

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Import

Definition Import refers to the process of purchasing goods or services from a foreign country and bringing them into one’s own country. It is a

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Implied Volatility (IV)

Definition Implied Volatility (IV) is a metric used in the options market to estimate the expected future volatility of an asset’s price. It is derived

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Imperfect Market

Definition An Imperfect Market, in finance, refers to a market situation where all participants do not have equal access to information or the ability to

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Import Duty

Definition Import duty is a tax imposed by a government on goods imported into a country, typically based on their value, weight, or quantity. The

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Implicit Cost

Definition Implicit cost, also known as imputed cost or opportunity cost, refers to the value of resources used in a business without any direct monetary

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Impression

Definition In finance, the term “impression” usually refers to the number of times an online advertisement has been displayed, not to be confused with a

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Implied Rate

Definition The implied rate refers to an interest rate derived from various financial instruments, such as futures contracts, options, or swap arrangements, without directly being

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