Glossary - I

IFO INSTITUTE FOR ECONOMIC RESEARCH
German research institute. It is one of Germany's largest economic think-tanks, it analyses economic policy and is widely known for its monthly Ifo Business Climate Index for Germany.
 
INTERNATIONAL MONETARY FUND (IMF)
Organization set up just after the Second World War to stabilize exchange rates and assist the reconstruction of the world’s international payment system post the war.
 
INDEPENDENT TRADER
someone in finance who buys and sells financial instruments such as stocks, bonds, commodities and derivatives for his own account as opposed to working on behalf of an institution. Can also be known as a day trader.
 
INDEX
A market index is a method of measuring a section of that market. An index may also be considered as an instrument which derives its value from other instruments or indices.
 
INFLATION
Inflation is a rise in the general level of prices of goods and services in an economy over a period of time.
 
INITIAL PUBLIC OFFERING (IPO)
An IPO  is an offering to the general public the shares of a company through a stock exchange for the first time. Through this process, a private company becomes a public company. IPO's are used by companies to raise expansion capital, to possibly monetize the investments of early private investors, and to become publicly traded organizations which raises their profile and products.
 
INSTITUTIONAL INVESTORS
Organizations with large sums of money which are invested in securities, commodities, FX, bonds, real estate and other assets with a view to generating a positive return.
 
INTEREST
Interest is a fee paid by a borrower to the lender as a form of compensation for the use of the borrowed item. It is most commonly the price paid for the use of borrowed money or money earned by deposited funds.
 
INTERNATIONAL FINANCE
The branch of economics that studies the dynamics of exchange rates, foreign investment, the global financial system, and how these affect international trade.
 
INTERNATIONAL TRADE
International trade is the exchange of capital, goods, and services across international borders.
 
INVESTMENT
Investment is putting money into something with the expectation of a gain that after analysis has a high degree of security for the principal amount, as well as security of return, within an expected period of time.