Category: I

Definition Interest is a financial term that refers to the fee paid by borrowers to lenders for the use of their money. It’s typically expressed

Definition Interactive media refers to a method of communication in which the program’s outputs depend on the user’s inputs, and the user’s inputs in turn

Definition The Interest Coverage Ratio (ICR) is a financial metric used to determine how well a company can pay the interest on its outstanding debt.

Definition The Interbank Rate, also known as the Interbank Exchange Rate, refers to the rate of interest charged on short-term loans made between banks. Banks

Definition Intercontinental Exchange (ICE) is a Fortune 500 company which operates global exchanges, clearing houses, and provides financial market data. It was established in 2000

Definition The Interbank Network for Electronic Transfer (INET) is a global financial transfer system. It facilitates the handling of large-volume, high-speed, secure funds transfers between

Definition The Inter-American Development Bank (IDB) is an international financial institution dedicated to fostering development in the American region, primarily through loans and grants. Established

Definition Interbank deposits refer to the funds that banks hold in accounts at other banks. They are a significant part of a bank’s overall liabilities

Definition An Intentionally Defective Grantor Trust (IDGT) is a type of irrevocable trust used in estate planning to reduce tax liability. The “defective” part refers

Definition The Interbank Market is a sector within the financial system where banks trade currencies with each other. It serves primarily to facilitate international financial